Recently, Great Wall Motor (GWM) announced that its Tank 300 has been officially launched in Malaysia, and plans to launch the first CKD (Complete Knock-Down) project in the ASEAN (Association of Southeast Asian Nations) region locally. The imported Tank 300 model has a 250,000 MYR (55,700 USD) price tag, according to the local media.
CDK means the vehicle components are delivered from various suppliers and assembled at the destination. Earlier on January 8 this year, GWM announced that it had signed a CKD assembly cooperation agreement with EP Manufacturing Berhad (EPMB), a manufacturing group in Malaysia. According to the strategic cooperation agreement between the two parties, EPMB will locally assemble and produce GWM’s electric vehicles, as well as its SUV and other models.
Currently, there are three trims of the Tank 300 available on the market in China with a price range of 199,800 – 226,800 yuan (27,900 – 32,000 USD). Positioned as an off-road SUV, the size of the car measures 4760/1930/1903 mm with a 2750 mm wheelbase and a minimum ground clearance of 224 mm. Its approach and departure angles are 33° and 34°, respectively; and the towing capacity is 2,000 kg. Two power options are available:
- an engine model E20CB that outputs 162 kW (217 hp)/380 Nm, mated to an 8AT; 9.9L/100km WLTC comprehensive fuel consumption
- an engine model E20NA that outputs 180 kW (241 hp)/380 Nm, mated to a 9AT; also comes with a 48V mild hybrid system; 9.81L/100km WLTC comprehensive fuel consumption
In July, GWM sold 91,285 new vehicles, and the cumulative sales from January to July reached 650,954 vehicles, a year-on-year increase of 3.6%; with 156,519 new energy vehicles sold, a year-on-year increase of 28.14%. At the same time, GWM sold 239,685 vehicles overseas from January to July, a year-on-year increase of 58.8%. Furthermore, the Tank brand sold 18,682 vehicles in July, a year-on-year increase of 38.49%. The brand’s cumulative sales for the first seven months were 134,720 vehicles, a year-on-year increase of 87.59%.
As part of its “New Four Modernizations” strategy, GWM targets to achieve overseas sales of more than one million vehicles by 2030, with high-end models accounting for more than one-third of sales.
