Great Wall Motor establishes R&D subsidiary in Zhangjiagang
Shanghai (Gasgoo)- Great Wall Motor (GWM), China's largest SUV and pickup manufacturer, set up a R&D subsidiary in Zhangjiagang, Jiangsu Province on May 17.
Photo credit: Great Wall Motor
According to the corporate data platform Tianyancha, the newborn company, named Zhangjiagang Great Wall Motor R&D Co.,Ltd., involves a registered capital of 100 million yuan ($15.558 million) and is wholly controlled by GWM. It has a line of businesses including the R&D of new material technologies, auto parts and software, and the sale of new energy vehicles and software.
It is worth mentioning that the car manufacturing plant of Spotlight Automotive, the joint venture between BMW Group and GWM, is also situated in Zhangjiagang. The joint venture broke ground on the plant in June 2020. Whether the newly-launched R&D subsidiary will serve Spotlight Automotive is still not yet known.
Additionally, GWM celebrated in October 2020 the groundbreaking of its auto parts base in Zhangjiagang, which is built to produce chassis and the components for stamping and welding processes and exterior & interior.
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