GWM

Great Wall Motor's sales in Russia from January to July reached 19,167 units, up 126 percent year-over-year.

The plant delivery is expected to be completed by the end of 2021, and it will have an annual capacity of 100,000 vehicles after the renovation.

Li Peng, formerly head of Great Wall Motor's premium EV brand Saloon, left earlier this year to found U Power, a smart electric vehicle brand, caijing.com.cn reported Wednesday.

For the first half of 2021, Great Wall Motor reported revenue of RMB 62.159 billion ($9.6 billion), up 73 percent year-over-year, according to figures the company announced on July 20.

Great Wall Motor (GWM) is recalling 16,216 Ora IQ electric vehicles due to a potential problem with the power cell thermal runaway.

Ora, the new energy vehicle brand of Great Wall Motors, was previously best known for its compact model Good Cat. Now its first SUV appears to be just around the corner from its official debut.

The potential for battery fires and explosions is one of the major reasons preventing many people from buying electric vehicles, and now Great Wall Motor's new technology, if applied on a large scale, will hopefully alleviate this concern.

Great Wall Motor will launch the first product of the company's premium EV brand Saloon in 2022, positioning it as a luxury smart battery electric vehicle.

Saloon is relocating its team from Shanghai to Beijing to shorten the distance between the team and Baoding, where Great Wall Motor is headquartered.

The vehicles all came from Ora, the company's electric car brand focused on the female user segment.