GWM

Faraday Future's second brand FX's first model, the FX Super One, is an MPV licensed from Great Wall Motor, according to a Chinese media report.

Great Wall Motor chairman Wei Jianjun previewed a supercar in a photo, marking the first glimpse of the model from the Chinese automaker.

Great Wall Motor sold 32,638 NEVs in May, contributing a record 31.93 percent to total car sales.

The facelifted Wey Lanshan starts at RMB 299,800 ($41,520), the same as its predecessor.

Great Wall Motor sold 356,868 vehicles in the January-April period, down 3.58 percent year-on-year.

Great Wall Motor has been working on a supercar project since five years ago, with the goal of building a car that will get drivers' adrenaline spiking.

Great Wall Motor is planning to set up an autonomous driving R&D center in the US and is hiring smart driving talent from Silicon Valley, according to a local media report.

Great Wall Motor's net income in 2024 is expected to range from RMB 12.4 billion ($1.7 billion) to RMB 13.0 billion, an increase of 76.60 percent to 85.14 percent from 2023.

Great Wall Motor has created a new business unit to target the ultra-luxury market, and its chairman Wei Jianjun will also be chairman of a new brand.

The Tank 500 Hi4-Z has a big battery and a focus on fuel economy to counter the threat from BYD Fang Cheng Bao's Bao 8 SUV.