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Electric vehicle sales are booming in South America - without TeslaChinese car makers are widening their footprint across South America with both traditional vehicles and EVs. EVs are still a small slice of...- A Chinese EV delivers the host, and a message, at the global climate summitChinese electric vehicles are increasingly powering Brazil's transition to a low-carbon economy, as highlighted by their use at the COP30 c...
- How China's EV makers aim to beat Tesla, legacy automakers in EuropeChinese EV titans BYD, Chery and Great Wall Motor (GWM) are preparing a fusillade of product launches - about 20 over the next five years -...
- Great Wall Motors drops $ 1 billion India entry planThe decision of the same was communicated to close to a dozen employees on Friday by the senior Chinese executives, said people in the know...
- GM-Great Wall deal yet to get approvals, likely to collapseLast year, the executives were given a pay hike and incentives, but this year, there is no increment extended so far and the frequency of m...
- 35,000 Indian entrepreneurs left India between 2014 and 2020 under Modi govt: Bengal FMWest Bengal Finance Minister Amit Mitra wondered whether this was due to "fear psychosis", and demanded that PM Modi must place a white pap...
- Great Wall explores rebooting India entry plans, may adopt top down strategyThe company had plans of targeting the mainstream market with a range of SUVs. That’s now being shelved, instead company will rely and D se...
- Xiaomi pledges Rs 100 crore to increase retail reach, generate jobs for 10,000 people"We will increase or double the retail touch point this year. We are going to double the number of MI stores in the next 2 years. From 3,00...
- Changan automobile drops its India entry plan as hurdles growChangan had plans of investing over 500 million dollars in India and it had already engaged with consultancy firm EY for its India entry pl...
- Dollar gets global beating as stimulus, Brexit boost risk appetiteCongressional negotiators were closing in on a $900 billion COVID-19 aid bill in the United States, according to lawmakers and aides, boost...
- Chinese auto companies' India investment plans stall amid border tensionsGWM had committed $1 billion to the Indian market and a similar investment is likely to be made by Changan Auto. Chery Automobile was keen ...
- China's Great Wall Motors hopeful of hearing soon from Indian government on investment clearancesWhile the company was hopeful of getting the regulatory nod, some recent reports said the Maharashtra government, in consultation with the ...
- No investments from Chinese companies put on hold: Maharashtra government clarifiesDesai clarified that the projects were not on hold and that the state government was waiting for further instructions.
- China's Great Wall Motor signs MoU with Maharashtra, reaffirms plan to invest USD 1 billionGWM reaffirmed its plan to invest $1 billion (Rs 7,600 crore) in the Indian market as announced during the Auto Expo in February this year....
- GWM appoints James Yang as President for Indian subsidiaryThe company also said it has appointed Parker Shi as Managing Director of GWM India.
- Auto Expo 2020: What is Great Wall Motor planningChinese automobile giant Great Wall Motors is set to take a giant leap, springing a clutch of SUVs at the Auto Expo, according to reports.
- China's Great Wall Motor set for India debut at Auto ExpoThe automaker will also showcase Haval Concept H and Concept vehicle Vision 2025 besides SUVs under Haval brand, electric products, and inn...
- Chinese auto major Great Wall Motors exploring Gujarat option for its India plantChinese auto major Great Wall Motors (GWM) is exploring the option of setting up a manufacturing facility in Gujarat, an emerging automobil...
- China's car exports zooms 28 per cent in first halfChina, the world's top automaker, has exported 487,900 cars during the first half of this year.
- Citi appoints Corbat as Global Wealth Management unit headCitigroup has appointed Mike Corbat as chief executive of the Global Wealth Management unit.
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