GWM’s new energy strategy drives sales growth

BAODING, China, May 11, 2023 /PRNewswire/ — On May 8, GWM released its latest sales data. In April, GWM sold 93,107 vehicles, up 73.14% year-on-year. The number of new energy vehicles (NEVs) sold reached 14,863, an annual increase of 284.06% (compared to the previous year).

Under the trend of accelerating the transition to new energy in the global automotive industry, GWM, a global smart technology company, has quickly joined the smart NEV trend. As a result, GWM’s sales volume for NEVs continues to grow rapidly.

GWM has launched several lines of renewable energy products in the global market, such as HAVAL H6 PHEV, H6 HEV, JOLION HEV, GWM TANK300 HEV, GWM TANK500 HEV and WEY Coffee 01. in mind.

The rich variety of products in GWM’s product portfolio, along with the advantages of NEV, boosted GWM’s sales in overseas markets. In April, GWM sold 21,814 vehicles abroad, an increase of 182.09% year-on-year, representing 23.43% of total sales.

According to the latest data released by the National Association of Automobile Manufacturers of South Africa (NAAMSA), the sales volume of GWM HAVAL surpasses BMW and Mazda in the list of car brands in the country, earning a place in the top 10.

In the Australian market, HAVAL H6 HEV and JOLION HEV brought local consumers a new mobility experience using smart NEV technologies. According to the VFACTS new car sales report by the Federal Association of Automotive Industries, GWM’s sales volume increased by 63.8% in April.

To meet the demands of green living and smart mobility from consumers in different regions, GWM continues to expand its new energy product lines. During Auto Shanghai 2023, GWM showed more than NEV 15 as its first public offering. The new mid-range SUV GWM HAVAL (named “Dragon MAX in the Chinese market), GWM TANK400 and POER Shanhai HEV made its international debut. At the same time, GWM held the 2023 International Conference, introducing its global expansion, the System of Forest Environment and future strategic planning.energy.

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In the field of new energy, GWM has always increased R&D investment of new technologies to continue product improvement. Last year, GWM invested CNY 12,181 billion in R&D, an increase of 34.34% year-on-year. By 2025, GWM will invest a total of 100 CNY billions in R&D for new energy and smart technologies.

Currently, GWM has developed new energy solutions using clean electricity, hydrogen and hybrid energy. To meet the diverse needs of users, GWM has recently launched many advanced technologies, including Hi4 (Hybrid intelligent 4WD) and Hi4-T off-road super hybrid architecture. GWM’s constant release of new technologies and products has strengthened its image as a new energy and smart car manufacturer.

Going forward, GWM will develop its new strategy to transform energy and keep the Forest Ecosystem connected. GWM will introduce worldwide the best examples of renewable energy to provide more “More greenUpgrade More secure” and advanced technology.

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