Chinese automaker Great Wall Motor (GWM) currently has a new energy vehicle (NEV) sales proportion of approximately 30%,Korea according to a September 21 report by media outlet Yicai. In 2023, plug-in hybrid (PHEV) models dominate the company’s NEV sector and sales of pure electric vehicles are expected to grow continuously, a GWM employee told Yicai. In terms of terminal channel construction, GWM will establish separate sales networks for new energy- and fuel-powered vehicles. To further continue its move toward new energy vehicles, the company will expand its offline stores with an aim of achieving 1,200 terminal channels by the end of 2023, the report said. In August of this year, GWM sold 26,300 new energy vehicles, representing a year-on-year growth of 119.83%, a GWM performance report showed. [Yicai, in Chinese]
