STATEMENT: GWM deepens its global new energy strategy

(Information sent by the signatory company).

STATEMENT: GWM deepens its global new energy strategy

(Information sent by the signatory company)

BAODING, China, Dec. 5, 2022 /PRNewswire/ -- On December 2, GWM successfully held the 2022 Overseas Conference in Thailand. More than 200 dealers from more than 50 countries and regions around the world discussed GWM's new energy planning and development strategy.

GWM has a complete industrial chain of new energy in Thailand. The aim of this event is to offer overseas distributors a unique experience of new energy products, technologies, production, sales and other aspects, and provide a template for new energy transformation in more regions.

At the conference, the representative of GWM Thailand exposed the strategic deployment of new energies in the local market. Focusing on new energy products, the company has launched diversified products covering HEV, PHEV and BEV. Based on the practices of the Rayong New Energy Plant, GWM has also built a "forest ecosystem" covering vehicle production, smart products, charging services and user lifestyles.

In just one year, GWM has made remarkable achievements in the ASEAN market. As of November 2022, the company has delivered more than 13,000 new energy vehicles in Thailand, while the HAVAL H6 HEV has held a leading position in terms of sales volume in the C-class SUV market for 15 months. From its base in Thailand, the company has rolled out its new energy products in other ASEAN countries.

Parker Shi, vice president of GWM, says there are many new energy development experiences in Thailand that we should take advantage of. As one of GWM's major markets, development achievements in Thailand would propel GWM to the forefront of clean and sustainable transformation.

GWM is also rapidly rolling out its new energy strategy on a global scale. In the European market, WEY Coffee 01 and ORA FUNKY CAT (also known as ORA GOOD CAT) have been officially launched. The first batch of WEY Coffee 01 has already been shipped and will be delivered to German users. In addition, the company plans to expand the markets of Spain and Sweden to promote its new energy design and the premiumization of the brand. In Southamerica. GWM completed the technical modernization of its Brazil factory in November this year. These achievements have laid a solid foundation for the global market.

Along with the rapid implementation of this new energy strategy, it has promoted global business expansion and sales growth. Now the company has an overseas sales network of 700 dealers, and its products have been exported to more than 170 countries and regions, with the total overseas sales volume exceeding 1 million. Between January and October this year, the sales volume of new energy vehicles exceeded 100,000 units.

GWM will continue to promote the implementation of the global new energy strategy with the ASEAN market project. The company will also constantly explore new energy products that meet the green travel needs of users around the world and offer them a clean and smart experience.

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