Great Wall Motor
sold 1.1 million cars in 2020 and wants 80% of its sales in 2025 to be from new
energy vehicles like battery, electric, plug-in hybrid and hydrogen fuel cell
vehicles. The company is looking to sell four million vehicles in 2025 as it
sees an increase in the demand for leisure use.
pickup truck maker expects its revenue to reach $92.86 billion in 2025. The
company has a target to sell 2.8 million cars in 2023. It has a long production
line-up of more than 60 models.
Motor, based in Baoding, China, is building an electric vehicle plant with BMW.
The company has plans to become carbon-neutral in 2045, much earlier than China's target of 2060. It is also planning to
manufacture cars in Russia and Thailand.
world's largest auto market, had rolled out several supportive policies for
hydrogen fuel-cell vehicles last year.
Source – HT Auto
Image Source: Great Wall Motor Website