Chinese automaker Great Wall aims to sell 4 million cars in 2025

Reuters2021-06-28

BEIJING, June 28 (Reuters) - China's top pickup truck maker Great Wall Motor is targeting sales of 4 million vehicles a year in 2025, Chairman Wei Jianjun said on Monday.

Great Wall, which sold 1.1 million cars last year, aims for 80% of its annual sales in 2025 to be new energy vehicles, including battery electric, plug-in hybrid and hydrogen fuel cell vehicles.

Baoding-based Great Wall is building a car plant in China with BMW for electric vehicles.

Great Wall's revenue is forecast to reach 600 billion yuan ($92.86 billion) in 2025, Wei said during a briefing on the company's strategy at its headquarters.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Jim69
    2021-06-28
    Jim69
    i hope they dont run into a wall when it comes to their car sales figures ,,, the wall they said to have looks great ,,, too great
  • kkpSG
    2021-06-28
    kkpSG
    Good 
  • CZZZ
    2021-06-28
    CZZZ
    Great!!!
  • javiery
    2021-06-28
    javiery
    Ambitious 
  • Priscyn
    2021-06-28
    Priscyn
    China has strong ambitions!
  • 785bfcf1
    2021-06-28
    785bfcf1
    Hmmm
Leave a comment
32