Search Results for "Great Wall Motor"

Great Wall Motor logs double-digit growth in 2020 net profit
Great Wall Motor logs double-digit growth in 2020 net profit

According to GWM’s 2020 financial results, its full-year net profit attributable to shareholders reached 5.362 billion yuan ($816.519 billion), up by 19.25% from the previous year.

Mar. 31 , 2021
Great Wall Motor to plow 3 billion yuan over next 3 years in hydrogen R&D
Great Wall Motor to plow 3 billion yuan over next 3 years in hydrogen R&D

Great Wall Motor (GWM) has to-day invested 2 billion yuan ($304.822 million) in the R&D of hydrogen energy business and will pour another 3 billion yuan ($457.233 million) over the next three years.

Mar. 29 , 2021
Great Wall Motor to spin off TANK series into standalone brand
Great Wall Motor to spin off TANK series into standalone brand

Great Wall Motor (GWM) is about to separate the TANK series from its premium SUV brand WEY, aiming to develop TANK as a standalone off-road vehicle marque, Wei Jianjun, chairman of GWM.

Mar. 22 , 2021
Great Wall Motor gains 19% YoY growth in 2020 net profit
Great Wall Motor gains 19% YoY growth in 2020 net profit

Great Wall Motor said its annual revenue hit a record high of 103.283 billion yuan in 2020, rising 7.35% compared to the previous year. Its full-year net profit attributable to shareholders jumped 19% year on year to 5.392 billion yuan.

Jan. 26 , 2021
Great Wall Motor to raise up to 8 billion yuan for new model, auto digitalization R&D
Great Wall Motor to raise up to 8 billion yuan for new model, auto digitalization R&D

Great Wall Motor intends to issue convertible bonds worth not more than 8 billion yuan ($1.235 billion) with the net proceeds to be evenly invested in the R&D of new vehicle models and automobile digitalization.

Jan. 25 , 2021
Great Wall Motor hits 10-million-unit production milestone for complete vehicles
Great Wall Motor hits 10-million-unit production milestone for complete vehicles

The 10 millionth complete vehicle of Great Wall Motor (GWM) rolled off the production line at the automaker’s Xushui plant on Jan. 19, making GWM the first SUV-/pickup-focused Chinese automaker achieving such a remarkable output volume.

Jan. 20 , 2021