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Great Wall Motor

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Great Wall Motor - Automotive showcase

Year Founded & Workforce

1984

77,934 Employees

Industry

AutomotiveB2BB2C

Services

Electric Light Commercial Vehicle
G

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Great Wall Motor Overview

Company Headquarters: Baoding, China

Founded: 1984

Workforce: ~ 77,934

Company Working: Great Wall Motor (GWM) is a leading Chinese automaker that specializes in the production and sales of sport utility vehicles (SUVs), pickup trucks, passenger cars and new energy vehicles. The company owns several brands, such as Haval, Wey, Ora and Great Wall. GWM is a pioneer in the development of intelligent and connected vehicles, as well as hydrogen fuel cell vehicles. GWM has established a global R&D network with centres in China, Japan, Germany, India, Austria and the United States. GWM is also active in the electric light commercial vehicle market, offering electric pickup trucks and vans under the P-series. These vehicles are designed for urban and rural transportation, as well as for various professional applications, such as logistics, delivery, construction and agriculture. GWM’s P-series electric pickup trucks have a payload capacity of up to 800 kg and a range of up to 400 km. They are equipped with lithium-ion batteries and can be recharged in 2 hours. GWM’s MEGA electric vans have a cargo volume of up to 13 cubic meters and a range of up to 200 km. They are equipped with Bosch’s new electric motor 230 that has a rated voltage of 800 volts and a power output of up to 230 kW1. GWM’s P-series and MEGA vehicles are sold in more than 60 countries and regions across Asia, Europe, Africa, Oceania and South America.

Strategy

GWM’s strategy is focused on innovation, electrification, and globalization. The company aims to maintain its competitive edge in the SUV and pickup truck market by investing heavily in research and development and fostering a culture of innovation. GWM is also committed to expanding its presence and sales in the electric light commercial vehicle market, by launching a new standalone brand for electric and smart vehicles, internally coded as “SL project”1. In addition, the company is focused on globalization, with a goal of increasing its overseas sales and production, as well as strengthening its partnerships with customers and suppliers. GWM aims to achieve long-term growth and profitability by leveraging its expertise in electric mobility, autonomous driving, and digital technologies to provide advanced solutions for its customers’ most complex challenges.

Company Snapshot

$1,446.31M

Revenue

77,934

Employees

1984

Founded

Baoding, China

Headquarters

SWOT Analysis

Strengths

  • Leading SUV and pickup truck maker
  • Pioneer in intelligent and connected vehicles

Weaknesses

  • Reliance on domestic market for sales and profits
  • Limited product portfolio and innovation in electric light commercial vehicle segment

Opportunities

  • Growing demand for electric vehicles in China and abroad
  • Government policies and incentives to support new energy vehicle development

Threats

  • Intense competition from domestic and foreign rivals in electric vehicle market
  • Regulatory uncertainties and trade barriers in overseas markets

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Key Developments

DateApproachDevelopment
March 2023PartnershipGreat Wall Motor (GWM) has officially agreed to work with Cycle & Carriage Group (C&C) to bring its smart NEV vehicles to Singapore market this year in 2023. This partnership will help GWM expand its network quickly in Singapore, showing their common goal to support the local society’s sustainability and the auto industry’s shift to intelligence and green energy.
March 2023Product LaunchIn Riyadh, Saudi Arabia, GWM organized a GWM Brand Model Conference. Its new global pickup model POER KINGKONG was officially introduced to the Middle East market by GWM.

Product Offering

  • Great Wall Motor
    • Electric Light Commercial Vehicle

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 1,446.3 Mn in 2020 to USD 1,922.8 Mn in 2022.
Great Wall Motor — By Business Segment
Series (USD Mn)202020212022
Sales1,446.31,909.71,922.8

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