Search Results for "Great Wall"

Great Wall Holdings, Sinopec team up on hydrogen energy
Great Wall Holdings, Sinopec team up on hydrogen energy

Great Wall Holdings Group Limited and China’s state-controlled oil firm Sinopec Group inked a framework agreement on May 12 to cooperate on hydrogen energy business, according to a posting on Great Wall Motor (GWM)’s WeChat account.

May 13 , 2021
Great Wall Motor announces robust YoY growth of 14% in Apr. 2021 sales
Great Wall Motor announces robust YoY growth of 14% in Apr. 2021 sales

Great Wall Motor (GWM) announced its new vehicle sales for April grew 14% year on year to 91,784 units, of which 9,081 vehicles were exported outside China, an upward movement of 349% from the previous year.

May 11 , 2021
Great Wall Motor denies rumored plan of production suspension due to chip shortage
Great Wall Motor denies rumored plan of production suspension due to chip shortage

GWM announced on April 25 it has no plans to stop outputs at the car manufacturing plants in Yongchuan and Xushui, as an official denial of the a local report saying it would halt production at the two plants in May and June due to the chip shortage.

Apr. 25 , 2021
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