SHANGHAI (Reuters) - Haomo.AI, a Chinese autonomous driving startup controlled by Great Wall Motor's Chairman Wei Jianjun, has raised nearly 1 billion.
Reuters
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Models pose next to Great Wall Motors (GWM) GWM R1 electric car at its pavilion at the India Auto Expo 2020 in Greater Noida, India, February 5, 2020. REUTERS/Anushree Fadnavis/File Photo
BEIJING, June 28 (Reuters) - Great Wall Motor Co Ltd (601633.SS) is targeting an annual sales of 4 million vehicles in 2025, Chairman Wei Jianjun said on Monday, as China s top pickup truck maker sees an increase in the demand for leisure use.
Great Wall s revenue is expected to reach 600 billion yuan ($92.86 billion) in 2025, Wei said in a briefing on the company s strategy at its headquarters.
Great Wall, which sold 1.1 million cars last year, aims for 80% of its annual sales in 2025 to be new energy vehicles, including battery electric, plug-in hybrid and hydrogen fuel cell vehicles.
BEIJING (Reuters) - China s top pickup truck maker Great Wall Motor is targeting sales of 4 million vehicles a year in 2025, Chairman Wei Jianjun said on Monday. Great Wall, which sold 1.1 million cars last year, aims for 80% of its annual sales in 2025 to be new energy vehicles, including battery electric, plug-in hybrid and hydrogen fuel cell vehicles. Baoding-based Great Wall is building a car plant in China with BMW for electric vehicles. Great Wall s revenue is forecast to reach 600 billion yuan ($92.86 billion) in 2025, Wei said during a briefing on the company s strategy at its headquarters. ($1 = 6.4612 Chinese yuan renminbi) (Reporting by Yilei Sun and Tony Munroe; Editing by Christian Schmollinger)
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FILE PHOTO: Models pose next to Great Wall Motors (GWM) GWM R1 electric car at its pavilion at the India Auto Expo 2020 in Greater Noida, India, February 5, 2020. REUTERS/Anushree Fadnavis/File Photo
BEIJING (Reuters) -Great Wall Motor Co Ltd is targeting an annual sales of 4 million vehicles in 2025, Chairman Wei Jianjun said on Monday, as China’s top pickup truck maker sees an increase in the demand for leisure use.
Great Wall’s revenue is expected to reach 600 billion yuan ($92.86 billion) in 2025, Wei said in a briefing on the company’s strategy at its headquarters.