GWM

Great Wall Motor will set up a chip company with its chairman that may involve chip development in the areas of IGBTs, autonomous driving and smart cockpit.

The Wey Coffee 02 will also be available in Europe in 2023, and will first be available in Belgium and France.

BMW has a joint venture in China with Great Wall Motor, Spotlight Automotive, with a production site scheduled to be completed this year.

The Haval H6 was China's best-selling SUV for the past several years, but it has now been dethroned by BYD's Song.

Ora's right-hand drive models will be the first to enter the Hong Kong and Macau markets, and will also enter the UK, Australia, South Africa and Malaysia in the future.

In the January-April period, Ora sales were 36,842 units, down 3.5 percent from 38,159 units in the same period last year.

Post-subsidy prices for all versions of the 2022 Ora Good Cat model were raised by RMB 6,000-7,000 ($1,100) effective March 23.

Ora will adjust the post-subsidy prices of all versions of the 2022 Good Cat model by RMB 6,000-7,000 ($1,100) starting March 23.

Ora stopped taking orders for its lower-priced Black Cat and White Cat models in mid-February, saying they were causing losses for the company.

The prices of two versions of WM Motor's EX5-Z PRO have been raised by RMB 3,000 and RMB 4,000 respectively.