660,000 electric cars by 2025: BMW partner Great Wall invests heavily in electromobility

Everything electric

With the brand Haval Great Wall is already the largest SUV provider in China. Now also the electric market is to be conquered.

(Photo: Reuters)

The Chinese car manufacturer Great Wall wants to more than double its annual sales by 2025 to two million vehicles. About a third of these would be electric cars, Group CEO Wang Fengying on Thursday in prospect.

Your company is aiming for a leadership position in vehicles powered by batteries or fuel cells, Wang said before the People’s Congress in Beijing. To achieve this goal, Great Wall will invest 20 billion yuan (around 2.6 billion euros) in research and development by 2020. BMW had recently selected Great Wall as a partner for the construction of electric minis. Both companies want to start a joint venture.

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