Great Wall Motor: EV Growth and Export Milestones
Great Wall Motor recently released its sales figures for September 2024. The company delivered 108,398 new vehicles during the month, reflecting a 10.88% year-on-year decrease. Looking at the first three quarters of 2024, the total delivery volume reached 853,813 units, showing a slight decline of just 1.18%.
Strong Growth in New Energy Vehicles
In the new energy vehicle (NEV) segment, Great Wall sold 30,129 units in September, bringing the year-to-date total to 211,492 units. This highlights the company's ongoing commitment to the EV market.
Overseas Market Success
Great Wall's export volume in September reached an impressive 44,105 units, contributing to a cumulative 324,244 units exported in 2024 so far. This showcases the brand's increasing presence in global markets.
Brand-Specific Performance
Haval
- September Sales: 62,900 units (down 14.73% YoY)
- Q1-Q3 2024 Total: 471,748 units (a 4.87% decline)
WEY
- September Sales: 6,755 units (up 165.11% YoY)
- Q1-Q3 2024 Total: 32,388 units (a slight decline of 1.76%)
Great Wall Pickup
- September Sales: 14,456 units (down 15.94% YoY)
- Q1-Q3 2024 Total: 132,118 units (a 13.46% decline)
ORA
- September Sales: 5,486 units (down 45.25% YoY)
- Q1-Q3 2024 Total: 47,166 units (a significant drop of 39.25%)
Tank
- September Sales: 18,740 units (up 3.8% YoY)
- Q1-Q3 2024 Total: 169,810 units (a remarkable increase of 62.43%)
Highlights
The Tank brand stood out as the only brand in Great Wall Motor's portfolio to record positive growth in September. It not only delivered consistent month-on-month growth but also achieved a significant increase in cumulative sales year-to-date.
Great Wall Motor continues to demonstrate resilience in a competitive market, leveraging its NEV advancements and strong export momentum to maintain its position as a key player in the global automotive industry.
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