Great Wall Motor debuts at India's Auto Expo, advancing its globalization strategy

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NEW DELHI, Feb. 5, 2020 /PRNewswire=KYODO JBN/ --

On February 5, the 15th Auto Expo opened in Delhi, India. Centered around a theme of

how Great Wall Motor (601633.SS/02333.HK), a world-renowned SUV and pickup

manufacturer, is leading the world through intelligence, the carmaker debuted

its Haval and Great Wall EV brands at the event, showcasing the company's strong

product lineup and leading technologies to Indian consumers. Great Wall's presence

at the expo signals the automaker's formal entry into the Indian market.

Photo - https://photos.prnasia.com/prnh/20200205/2709210-1

Haval, a China-based global leader in the SUV segment, not only staged the

world debut of its Concept H and the Indian debut of its Vision 2025, but also

exhibited four high-end intelligent SUVs - F7, F7x, F5 and H9 – all of which

have established a solid reputation in world markets. Great Wall EV, operating

as an independent electric vehicle brand under Great Wall Motor, highlighted

two of its flagship products, EV R1 and EV iQ.

According to its strategy for the Indian market, Great Wall Motor plans to

establish a presence covering R&D, production, supply and sales in the country.

Great Wall Motor plans to upgrade its R&D center in Bangalore with a focus on

creating intelligent and safe vehicles for Indian consumers while continuing to

increase investment in local research and development. In terms of production,

the company will accelerate its acquisition of GM India's Talegaon plant, in a

move to build its 10th full-process vehicle plant worldwide and further

localize production. In addition, Great Wall Holdings Group will invest in auto

battery production in India by building a complete supply chain system. The

Haval brand will launch a full range of SUVs in the country, while Great Wall

EV will roll out a variety of models for travel and private use. In addition to

selling products in India, Great Wall Motor will also export vehicles made at

its India-based plants to other countries.

The overall expansion in the Indian market will not only help Great Wall Motor

to further advance its global strategy, but also enhance its competitiveness in

the global automobile industry of the future.

source: Great Wall Motor

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