Shanghai (Gasgoo)- Great Wall Motor (GWM) plans to build a new complete vehicle plant in Pinghu, a city in northern Zhejiang, with RMB2 billion to be invested, according to an official document issued by Zhejiang Provincial Development and Reform Commission.
The new plant, with a planned annual capacity of 100,000 vehicles, is designed to produce the ORA and the Haval F Series models.
The Baoding-based automaker possesses such brands as Haval (including the H and F Series), WEY, ORA, Wingle and Spotlight, which is jointly developed with BMW Group. The demand on production capacity has been further rising along with the gradual improvement of product lineup and elevation of market needs.
Before the Pinghu base, GWM has already had several vehicle plants across China, including the Rizhao base tailored for the production of WEY branded vehicles, the Tianjin plant that supports Haval brand, the Yongchuan base specializing in manufacturing pickups and Haval SUVs as well as the vehicle plant located in Zhangjiagang that is designed for the GWM-BMW joint program Spotlight Automotive.
ORA, the GWM's new energy vehicle business arm, saw the deliveries of its first model ORA iQ jumped 46.9% over the previous month to 1,043 units in November and has already launched the presale of the second model ORA R1. After the Haval F7 hit the market, the sales of Haval F Series climbed up to 13,132 units last month, among which 7,065 units were Haval F5s and 6,067 units came from the Haval F7.
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