Great Wall Motor

The Chinese government is signalling enough is enough when it comes to the fierce competition in the country's electric car market. China's industrial policy has engineered a remarkable transformation to electric vehicles in what is the world's largest auto market. In so doing, it has spawned far more makers than can possibly survive. Now, long-simmering concerns about oversupply and debilitating price wars are coming to the fore, even as the headline sales numbers soar to new heights. Market-leader BYD announced this week that its sales grew 31 per cent in the first six months of the year to 2.1 million cars. Nearly half of those were pure electric vehicles and the rest were plug-in hybrids, it said in a Hong Kong Stock Exchange filing. The company phased out internal combustion engine cars in 2022. BYD came under thinly veiled criticism in late May when it launched a new round of price cuts, and several competitors followed suit. The chairman of Great Wall Motors warned the indus

Through its Sriperumbudur facility outside Chennai city, and now the Talegaon plant, Hyundai aims to increase its achieve a cumulative production capacity of one million units per year

The automaker has been planning to enter Indian market since 2020 and the failure to secure approvals makes it one of biggest casualties of New Delhi's increased scrutiny of investments from Beijing.

GM had twice extended the terms of the deal to close the sale as the two sides waited for a green light from the Indian government

China's top pickup truck maker Great Wall Motor is targeting sales of 4 million vehicles a year in 2025, Chairman Wei Jianjun said on Monday

Great Wall has planned eight new models under WEY marque, which it aims to compete with Toyota and Volkswagen

China's Xiaomi plans to make electric vehicles using Great Wall Motor's factory, said three people with direct knowledge of the matter, making it the latest tech firm to join the smart mobility race

China's Great Wall Motor will launch a new standalone brand for its off-road vehicles, chairman Wei Jianjun said, as automakers pursue new segments when sales in world's biggest car market pick up

China's Great Wall Motors, which announced $1 billion investment in India earlier this year, is hopeful of hearing soon from the Indian government on clearances for its proposals

BEIJING (Reuters) - Great Wall Motor <601633.SS> aims to boost overseas sales this year, an official at China's top pickup truck maker said on Saturday, helping to ease an overall drop caused by COVID-19.

The initial agreements are not cancelled, but further action is awaited, said Maharashtra's industries minister Subhash Desai, days after his government signed them

The company has committed an investment of $1 billion (about Rs 7,600 crore) in India in a phased manner with an estimated employment for over 3,000 people

"This would be a highly automated plant in Talegaon (near Pune) with advanced robotics technology integrated into many of the production processes," said Parker Shi, MD of GWM India

China's largest SUV manufacturer Great Wall Motor (GWM) on Tuesday said it will showcase various products and technologies during the upcoming Auto Expo next month as part of its launch in the Indian market. The automaker will also showcase Haval Concept H and Concept vehicle Vision 2025 besides SUVs under Haval brand, electric products, and innovations in the area of intelligent safety, connectivity and advanced autonomous systems during the biennial show. "This is indeed a proud moment for us as we are on the verge of entering the Indian automotive market. We are excited at the limitless possibilities that lay ahead as India is an important market for us," GWM Chairman Wei Jianjun said in a statement. The company aims to set new benchmarks in the Indian automobile industry and hope to create an everlasting relationship with the discerning Indian customer, he added. "With the R&D center in Bangalore and now our participation at the 15th edition of the Auto Expo, we want to ...

The move marks the entry of one of the world's largest SUV makers into the Indian market

The deal will give a jumpstart to Great Wall's plans to build and sell cars in India

World's seventh-largest sutomaker is seeking a partner to help it manage rising costs