Country

China's automaker Great Wall aims to sell 4 mln cars in 2025

01 February 2022 ❤ 2
China's automaker Great Wall aims to sell 4 mln cars in 2025

Great Wall Motor Co Ltd (601633.SS) wants to reach an annual sales of 4 million vehicles in 2025, Chairman Wei Jianjun said on Monday, as China's top pickup truck maker sees an demand increase for leisure use. Great Wall's revenue is expected to reach 600 billion yuan ($92.86 billion) in 2025, Wei said in a briefing on the company's strategy at its HQ. Great Wall, which sold 1.1 million cars last year, targets for 80% of its annual sales in 2025 to be new energy vehicles, including battery electric, plug-in hybrid and hydrogen fuel cell vehicles. It targets to sell 2.8 million cars in 2023 with a production lineup of more than 60 models, Meng Xiangjun, a senior executive at Great Wall said. China, the world's largest auto market wants to provide supportive policies for hydrogen fuel-cell vehicles last year, which require local governments and companies to have a more mature supply chain and business model for the industry. 长城汽车股份有限公司(601633.SS)董事长魏建军周一表示,随着中国最大的皮卡制造商看到休闲用途的需求增加,长城汽车股份有限公司(601633.SS)希望在 2025 年达到 400 万辆的年销量。 魏在其总部的公司战略简报中表示,预计到 2025 年,长城的收入将达到 6000 亿元人民币(928.6 亿美元)。 长城汽车去年销售了 110 万辆汽车,其目标是到 2025 年,其年销售额的 80% 是新能源汽车,包括纯电动汽车、插电式混合动力汽车和氢燃料电池汽车。 长城汽车高管孟祥军表示,其目标是在 2023 年销售 280 万辆汽车,生产线 60 多种车型。 作为全球最大的汽车市场,中国去年希望为氢燃料电池汽车提供支持性政策,这要求地方政府和企业拥有更成熟的行业供应链和商业模式。 By F.Aslam
 

Have a comment or QA?
Comments and QA

Superpower

What superpower would you most like to have and why?

By Abigail Rodriguez, 04 Jan 24

Chinese social media 

What are the most popular Chinese social media platforms and how do they differ from Western ones?

By Olivia Carter, 28 Dec 23

China as an Emerging superpower

China is an emerging superpower due to its rapid economic growth, large population, and increasing influence in global affairs. It has become a major player in the world economy and is now seen as a leader in many areas.

By Chloe Lewis, 27 Dec 23

Its 2023, not 2023BC: Chinese town urges women to boycott old wedding customs

What are the traditional wedding customs that Chinese women are being urged to boycott in 2023?

By Gabriel Martinez, 21 Dec 23

Chinese social media 

Chinese social media is a great way to stay connected with friends and family, as well as to keep up with news and trends. Popular platforms include WeChat, Weibo, and QQ. These platforms offer a variety of features such as messaging, video streaming, and gaming.

By Carter Wright, 21 Dec 23

History of the great wall of china

What is the history of the Great Wall of China and how has it evolved over time?

By Karen Ng, 21 Dec 23

China does not want unilateral sanctions on Russia over Ukraine

What are the implications of China not wanting unilateral sanctions on Russia over Ukraine?

By David Yip, 21 Dec 23

China angered by US after tracking warship in South China Sea

What are the implications of the US tracking a Chinese warship in the South China Sea?

By Michael Au, 21 Dec 23

The aftermath of the Lantern Festival 2021

What are the long-term effects of the 2021 Lantern Festival on the local economy?

By Winston Chan, 21 Dec 23

The water situation is suffering in the south of Hsinchu

The water situation in the south of Hsinchu is dire. The area has been suffering from a lack of water for some time now, and the situation is only getting worse. The government needs to take action to ensure that the people in this area have access to clean and safe drinking water. It is essential that they take steps to conserve and protect the water resources in this region.

By Ethan Anderson, 21 Dec 23

prettypic