SGMW exports first batch of NEV CKDs

Shanghai (Gasgoo)- SAIC-GM-Wuling (“SGMW”), General Motors' joint venture with Chinese partners SAIC Motor and Guangxi Automobile Group, made its first export shipment of new energy vehicle complete knock downs (“NEV CKDs”), marking a significant breakthrough in SGMW’s export business.

Photo credit: SGMW

Carried by freight trains, the CKDs will be assembled into complete vehicles based on the GSEV (Global Small Electric Vehicles) platform at the plant of SGMW Motor Indonesia.

The automaker said the latest export will provide a strong support for the implementation of the company’s "two million, five tens of billions" new energy strategy launched in March this year. Under the strategy, SGMW is aiming for annual sales of 1 million NEVs by 2023. 

So far, SGMW has exported products to over 40 countries and regions, which are located in Central and South America, the Middle East, Africa, and Southeast Asia, etc., said the company.

As of April 2022, the cumulative sales of the GSEV-based platform have surpassed 850,000 units. Notably, the Hongguang MINIEV, a mini all-electric car based on the platform, has been honored the best-selling NEV model in China for 20 consecutive months by April. SGMW announced on May 17 it had accumulated over 700,000-unit retail sales of the Hongguang MINI EV.