Great Wall Motor’s new energy vehicle sales zoom up 75.77% YoY in Q1-Q3 2023

Shanghai (Gasgoo)- In September 2023, Great Wall Motor ("GWM") sold a total of 121,632 new vehicles, marking a year-on-year jump of 29.89%. When considering the cumulative figures for the first nine months of 2023, the company achieved sales of 864,045 vehicles, which climbed 7.69% over the previous year.

It is noteworthy that GWM's new energy vehicle (NEV) sales totaled 170,346 units for the first three quarters, surging 75.77% from a year ago. The automaker said NEVs accounted for 12.64%, 21.86%, and 22.37% of its total car sales in the first, second, and third quarter of this year, respectively, showing a continuous rising momentum in proportion.

GWM's export volume soared 89.45% year on year to 211,696 units in the Jan.-Sept. period, 98.49% of which were contributed by the models priced at and above 150,000 yuan.

The SUV-dedicated HAVAL brand recorded an impressive sales performance for September, with a total of 73,766 units sold, marking a remarkable year-on-year jump of 36.7%. This surge in sales can be attributed to HAVAL's strategic focus on intelligent new energy vehicles. In the third quarter of this year alone, HAVAL sold 203,256 new vehicles, representing a substantial quarter-on-quarter growth of 22%.

During the third quarter, HAVAL made significant strides in the off-road segment, unveiling the 2024 HAVAL Big Dog and the all-new HAVAL H5, which has been described as a "large, versatile, and rugged SUV." Furthermore, the highly anticipated HAVAL Menglong is set to hit the market on October 10th.The WEY brand sold 2,548 vehicles last month, resulting in a sales volume of 14,818 units for the third quarter and 32,968 units for the first three quarters of this year. The six-seater SUV, the Blue Mountain DHT-PHEV, has garnered significant attention since its launch, accumulating a total sales figure exceeding 24,000 units. During the Chengdu Motor Show 2023, the WEY Gāoshān DHT-PHEV officially began accepting ore-orders and will go on sale in the near future.

ORA Good Cat; photo credit: ORA

The ORA brand achieved sales of 10,021 vehicles in September, marking the fifth consecutive month with its sales exceeding 10,000 units and representing a year-on-year jump of 31.77%. However, the brand's year-to-date sales still fell 8.36% over a year ago to 77,641 units.

TANK, the brand renowned for its off-road vehicles, sold 18,054 vehicles, marking a year-on-year surge of 43.15%. The TANK 500 Hi4-T and the 2024 TANK 300 have been key drivers of this success, contributing to the total sales figure of 104,545 units (+17.22% YoY) in the first nine months of the year. Additionally, TANK expanded its lineup with the launch of the TANK 400 Hi4-T, a medium-to-large urban multi-functional off-road SUV, which hit the market on September 25. Great Wall Pick-up logged a sales volume of 17,197 vehicles in September, representing a slight year-on-year rise of 0.51%. Within this segment, the GWM POER series achieved sales of 12,200 vehicles last month.