GREAT WALL MOTOR CO LTD-A

Overview

Great Wall Motor Co., Ltd. (GWM) is a China-based automotive manufacturer operating across vehicle design, research and development, production, sales and service. Its core portfolio spans SUVs, pickups and new-energy vehicles, with brands including HAVAL, WEY, TANK, ORA and GWM Pickup/POER. The company describes its R&D philosophy as “meeting users’ genuine needs.” [1][2]

GWM serves domestic and international markets through overseas manufacturing and distribution networks. In 2025, its products reached more than 170 countries and regions, supported by over 1,500 overseas distribution channels.[3] For scale, audited FY2025 operating revenue was RMB 198.35 billion.[4] [1]+4

Products & services

Great Wall Motor’s vehicle brands include Haval, WEY, TANK, GWM Pickup and ORA, alongside GWM SOUO motorcycles. Its products span SUVs, sedans, pickups, MPVs and motorcycles, with conventional, electric and hybrid powertrains.[5][2]

Haval’s SUV range includes the Xiaolong MAX, Raptor, Dargo and H9, with technologies such as Hi4 intelligent hybrid four-wheel drive, Coffee OS 3 smart cockpit and Coffee Pilot Plus driver assistance, including navigation-assisted driving and parking functions. TANK offers off-road SUVs across compact to full-size classes, with 2.0T gasoline, 2.4T diesel and 3.0L V6 engines, as well as Hi4-T and Hi4-Z hybrid architectures; recent TANK 500 and TANK 400 updates include assisted-driving and smart-cockpit features.[6][7]

WEY’s family-oriented range includes the six- and seven-seat Blue Mountain SUV and High Mountain MPV. GWM Pickup includes the Shanhai Cannon Hi4-T, described as an off-road hybrid pickup, and offers Coffee Pilot highway-cruising assistance and automated parking. ORA is expanding beyond all-electric compact cars: the ORA 5 uses Coffee Pilot 3, including urban navigation-assisted driving and memory parking, and its modular platform supports electric, combustion and hybrid configurations. GWM SOUO’s luxury heavyweight cruiser motorcycle features a horizontally opposed eight-cylinder engine, an eight-speed transmission and an intelligent cockpit.[8]+3

The company’s Hi4 technology family includes hybrid architectures for passenger vehicles, off-road vehicles and heavy trucks. Its Hi4-G heavy-truck system combines three engines with an eight-speed transmission and ten driving modes; the company also describes a Super Hi4 configuration with an 800V platform, 6C charging and 2.0T engines. Disclosures provide brand- and model-level unit sales, but not product-level revenue shares or detailed service offerings.[11][2] [5]+7

Geographic presence

GWM’s operating base and headquarters are in Baoding, Hebei Province, China. Its FY2025 report describes an international R&D network that includes Germany, Japan and India, three overseas vehicle-manufacturing bases including Thailand and Brazil, and knock-down assembly factories including those in Ecuador, Malaysia and Pakistan. In 2025, GWM exported vehicles to more than 170 countries and regions through over 1,500 overseas distribution channels.[3][12]

FY2025 sales were 817,024 vehicles in China and 506,787 exports, out of 1,323,811 total—approximately 61.7% domestic and 38.3% export by volume. These are unit shares, not revenue shares; the reviewed report does not provide revenue by country or region.[13] The report lists the registered and office address in Baoding and a principal place of business in Hong Kong. It does not provide employee distribution by geography.[12] [3]+4

Business segments

Great Wall Motor reports one operating segment for internal reporting: the production and sale of automobiles and automotive parts and components; it does not disclose separate brand revenue contributions. Its 2025 vehicle sales by type were SUVs 78.0%, pickup trucks 13.5%, and sedans and other vehicles (mainly NEVs) 8.4% of units sold. These are sales-volume shares, not accounting-segment or revenue shares.[14][13]

The latest available brand sales breakdown, for the first half of 2026, was Haval 56.1%, Great Wall Pickup 15.8%, TANK 15.9%, WEY 7.6%, ORA 4.5%, and Others 0.1% of units sold. These brand shares are also volume-based, not revenue contributions. Haval focuses on SUVs; Great Wall Pickup on pickups; TANK on off-road SUVs; WEY on premium, technology-oriented family vehicles; and ORA on urban-oriented vehicles.[15]+5 [14]+7

Company history

Great Wall Motor (GWM) traces its establishment to 1984, with its earlier automotive operations developing in Baoding. It began producing the Deer pickup in 1996 and exported its first pickups in 1997, marking an early step in its expansion beyond China.[1]+2 The company listed H-shares in Hong Kong in 2003 and A-shares in Shanghai in 2011.[18]

GWM launched its Haval SUV in 2005 and made Haval an independent brand in 2013. It added the premium WEY brand in 2016 and introduced ORA as an independent new-energy-vehicle brand in 2018.[19]+3 Its overseas manufacturing expansion included a plant in Tula, Russia, which began production in 2019, and the Rayong, Thailand plant, which opened in 2021; GWM also announced its acquisition of a plant in Brazil in 2022.[23]+2 In January 2021, its 10-millionth vehicle rolled off the production line.[26] [27]+12

Sources

• www.gwm-global.com[1]
• GREAT WALL MOTOR CO LTD-A — Full financial report (2025 Y)
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• GREAT WALL MOTOR CO LTD-A — Full financial report (2024 Y)[5]
• www.hkexnews.hk[15]
• www.gwm-global.com[16]
• www.gwm-global.com[17]
• www.gwm-global.com[18]
• www.gwm-global.com[19]
• www.gwm-global.com[20]
• www.gwm-global.com[21]
• www.gwm-global.com[22]
• www.gwm-global.com[23]
• www.gwm-global.com[24]
• www.gwm-global.com[25]
• www.gwm-global.com[26]