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.
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