Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

China’s Great Wall Motor (GWM) said that it had completed the construction and begun operating its new plant in Taizhou, in China’s Jiangsu province. 


The car manufacturer invested $1.1bn in the plant, which spans 782,000 sqm. It holds four workshops that undertake stamping, welding, painting, and assembly of both conventional as well as electric vehicles (EV). The first EV, an Ora Haomao, rolled off the line on Nov 24. 


GWM’s sales grew by 18pc in October on an annual basis to 135,559 units. In the first 10 months of the year, the company sold 816,249 cars. The group owns four automotive brands – Haval, Wey, Ora, and Great Wall, and has eight manufacturing facilities across China, Russia, Thailand, and India. 

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