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Great Wall Motors was formed in 1976 and is named after the Great Wall of China. As of 2010, it is China's largest SUV producer, and as of 2011 it was China’s 10th largest automaker in terms of units produced.
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Guangzhou-based Aion will partner with Jakarta-based carmaker Indomobil Group. Aion’s first Southeast Asia plant, in Thailand, is expected to start production this summer.
Haomo.AI, an autonomous driving technology start-up backed by Great Wall Motor, has raised 100 million yuan (US$13.9 million) in a new round of financing buoyed by Chinese drivers’ growing appetite for intelligent vehicles.
Xiaomi has told New Delhi that smartphone component suppliers are wary about setting up operations in India amid heavy scrutiny of Chinese companies by the government.
Li Auto, Great Wall Motor, Zeekr and the new electric vehicle unit of Chinese smartphone vendor Xiaomi will use Nvidia’s Drive technology to power their next-generation fleets.
Chinese electric vehicle makers are rapidly gaining market share in Thailand and have pledged US$1.5 billion in investment for manufacturing.
Premier Li Qiang discussed cooperation in the auto sector during a meeting with Russian Prime Minister Mikhail Mishustin this week, with Chinese passenger cars exports having increased by more than six times in the first three quarters.
Chinese manufacturers are the top target of Thailand’s goal to lure US$28 billion of foreign investment, to break into the top tier of electric vehicle makers.
BYD is mulling the purchase of lithium mining assets in Brazil as it seeks to lock in raw-material supplies to expand its electric vehicle production outside Asia.
Haomo.AI, an autonomous driving technology start-up backed by Great Wall Motor, is to offer carmakers three new driver-assistance systems it claims are cheaper and better than existing ones in what could mark a step forward in China’s push to revolutionise mobility.
Beijing’s shift in strategy behind 78 per cent reduction and Argentina edging the Latin American giant for first time, but carmakers among the bullish.
State-owned Changan Automobile said it plans to build an EV plant in Thailand, becoming the latest Chinese carmaker to invest in the Southeast Asian market amid cutthroat domestic competition.
The company said it has partnered with Baidu, a search and AI giant, to develop vehicles fitted with the chatbot tool known as Ernie Bot that enables conversation between driver and car.
‘Security concerns with respect to Chinese investments in India were flagged during the deliberations,’ Indian media reported an official as saying.
Great Wall Motor and BYD, two major carmakers in mainland China, have accelerated the development and production of expensive electric vehicles, aiming to carve out their own niches as competition in the market escalates.
Great Wall Motor and BYD Co. already have factories there, with Chongqing Changan Automobile, GAC Aion and Hozon New Energy Automobile Co. also poised to start production in the kingdom soon.
Chinese stocks dropped to a five-month low as the market remained fixated on the sluggish economic recovery, while ‘candid’ talks between the US and China commerce chiefs on the countries’ fractious trade relationship failed to lift the gloom.
Great Wall Motor says two BYD plug-in models use normal fuel tanks when they should be fitted with pressurised tanks, leading to higher pollution. BYD threatens to sue its rival.
Alibaba has been ‘exploring opportunities to grow’ in the smart car industry, says company chairman and CEO Daniel Zhang Yong.
The Chinese company is planning a bold push into India’s electric car market, joining a rush of foreign carmakers jockeying for a bigger share of the world’s fourth-biggest auto market.
ByteDance-owned cloud service Volcano Engine and Haomo.AI have established the largest dedicated computing centre for autonomous driving in the world’s biggest car market.
New-energy vehicle sales will maintain their strong growth in China as more motorists ditch their petrol cars in favour of an expanding range of electric options, Fitch Ratings predicts.
Most of China’s top carmakers neither have plans in place to phase out conventional vehicles nor a detailed timetable for their net-zero targets, Greenpeace says.
BYD, Great Wall Motor, Hozon and Aiways have all been delivering EVs in countries such as Thailand, with the aim of gaining a foothold in these markets where three million cars are sold on average each year.
BMW has confirmed that it will invest an additional 10 billion yuan (US$1.4 billion) towards increasing capacity at a battery plant in China’s northern Liaoning province.
Chinese electric vehicle makers are likely to account for up to 18 per cent of the market in Europe in the next three years, up from around 3 per cent now, Fitch Solution says.
Spotlight Automotive, BMW’s 50-50 venture with Great Wall Motor, will initially manufacture two electric Mini models in China.
In a report released on Monday, the climate group Transport & Environment said EV sales growth in the bloc had slowed. Chinese carmakers including BYD and Great Wall Motor are looking to gain a foothold in the EU.
Nio plans to enter the US market in late 2025 and launch more affordable models to compete against the likes of Tesla’s Model 3 and Model Y.
