Great Wall Motor sold 94,796 vehicles in April 2024, up 1.8% YoY

2 min to read

May 6, 2024 6:01 PM CEST

Dong Yi Chen

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On May 6, Great Wall Motor (GWM) announced that its total sales volume in April was 94,796 vehicles, a year-on-year increase of 1.8%, making its cumulative sales from January to April 370,129 vehicles, a year-on-year increase of 18.18%. In particular, its new energy vehicle (NEV) sales in April were 22,436 units, a year-on-year increase of 50.94%, bringing its NEV cumulative sales from January to April to 81,618 vehicles; and 25,625 vehicles were sold in the greater than 200,000 yuan (27,700 USD) price segment, a 98.18% year-on-year increase.

Currently, GWM owns five brands: Haval, Wey, Tank, Ora, and GWM Pickup, covering SUVs, sedans, pickup trucks, and MPVs, ranging from ICE, HEV, PHEV, to EV. The individual brand sales are as follows:

Brands	April Sales	January to April Cumulative Sales
Haval	47,054	204,943
Wey	4,458	14,066
Tank	20,469	69,653
Ora	4,686	19,715
GWM Pickup	18,069	61,564

Furthermore, 36,141 vehicles were sold overseas, a year-on-year increase of 65.68%. From January to April, GWM’s cumulative overseas sales were 128,919 units, a year-on-year increase of 74.71%. So far, GWM claims that it has 14 million users worldwide across 170 countries and regions with more than 1,000 sales channels. For reference, in 2023, GWM sold 314,000 vehicles overseas, a year-on-year increase of 82.37%, with a foreign revenue of 53.114 billion yuan (7.36 billion USD), a year-on-year increase of 101.53%.

By 2030, GWM targets to sell more than one million vehicles overseas annually, with high-end models accounting for more than one-third of its sales, via its “New Four Modernizations” strategy for global development: localization of production capacity, localization of operations, cross-cultural branding, and supply chain security. GWM also announced that it will increase investment in overseas markets and support overseas expansion.