Great Wall Motor posts 2-digit YoY growth in NEV, overseas sales in Mar. 2024

Published: Apr 3, 2024 17:51
Source: gasgoo
In March 2024, Great Wall Motor (GWM) showcased an impressive performance, with sales reaching 100,276 units, marking an 11.02% year-on-year increase.

Shanghai (Gasgoo)- In March 2024, Great Wall Motor ("GWM") showcased an impressive performance, with sales reaching 100,276 units, marking an 11.02% year-on-year increase. These figures contributed to a year-to-date sales volume of 275,333 units, which jumped 25.11% from a year earlier.

Of noteworthy mention are the remarkable achievements in the new energy vehicle (NEV) sector and overseas markets. In March, GWM's NEV sales soared 66.34% over a year ago to 21,882 units. Meanwhile, its overseas sales surged to 35,815 units, marking an impressive year-on-year growth rate of 60.66%.

Additionally, GWM's diverse portfolio of brands exhibited commendable sales figures in March. HAVAL, GWM's SUV-dedicated brand, recorded sales of 54,055 units in March, representing a year-on-year growth of 13.99%. Notably, the HAVAL Menglong model, equipped with the Hi4 intelligent four-wheel-drive hybrid technology, is emerging as a popular choice in the new energy off-road SUV segment.

The WEY brand experienced a remarkable surge in sales, reaching 3,608 units in March, marking a staggering year-on-year spike of 182.98%. It's worth mentioning that the brand scored a 182.34% year-on-year hike in its Jan.-Mar. sales, which stood at 9,608 units.

Similarly, TANK secured its position as the leading off-road SUV brand in the China's market with sales of 18,953 units in March, up by 58.6% compared to the previous year. Notably, TANK achieved a cumulative sales figure of 49,184 units from January to March, reflecting a remarkable growth rate of 103.16%.

ORA, GWM's NEV-focused brand, achieved sales of 6,022 units in March and a cumulative sales figure of 15,029 units for the first three months of the year.

Great Wall Pickup maintained its dominance in the Chinese pickup market, with sales of 17,569 units in March and a year-to-date sales figure of 43,495 units.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Waymo and Uber to Deploy 1,200 Robotaxis in Middle East by 2027
Feb 6, 2026 15:29
Waymo and Uber to Deploy 1,200 Robotaxis in Middle East by 2027
Read More
Waymo and Uber to Deploy 1,200 Robotaxis in Middle East by 2027
Waymo and Uber to Deploy 1,200 Robotaxis in Middle East by 2027
Waymo and Uber (NYSE: UBER) announced an upgraded strategic partnership: The two parties plan to deploy at least 1,200 Robotaxi units in the Middle East by 2027, covering three major markets—Abu Dhabi, Dubai, and Riyadh. According to the plan, all 1,200 Robotaxi units will be integrated into the Uber App to provide public transportation services.
Feb 6, 2026 15:29
Tesla VP Says Company Will Engage in Assisted Autonomous Driving in China, Timeline Unclear
Feb 6, 2026 15:28
Tesla VP Says Company Will Engage in Assisted Autonomous Driving in China, Timeline Unclear
Read More
Tesla VP Says Company Will Engage in Assisted Autonomous Driving in China, Timeline Unclear
Tesla VP Says Company Will Engage in Assisted Autonomous Driving in China, Timeline Unclear
Tesla Vice President Tao Lin stated today that Tesla would actively participate in related work on assisted autonomous driving in the Chinese market, but could not yet provide a clear timeline for implementation. Elon Musk previously indicated that Tesla's Full Self-Driving (FSD) would be deployed in Europe this February, with the Chinese market to follow.
Feb 6, 2026 15:28
World's First Mass-Produced Sodium-Ion Battery Passenger Vehicle Officially Unveiled
Feb 5, 2026 17:52
World's First Mass-Produced Sodium-Ion Battery Passenger Vehicle Officially Unveiled
Read More
World's First Mass-Produced Sodium-Ion Battery Passenger Vehicle Officially Unveiled
World's First Mass-Produced Sodium-Ion Battery Passenger Vehicle Officially Unveiled
On February 5, Changan Automobile unveiled its global sodium-ion battery strategy, and the world's first mass-produced sodium-ion battery passenger vehicle was officially introduced. Test data shows that the vehicle equipped with CATL's sodium-ion battery delivers nearly three times the discharge power compared to conventional lithium iron phosphate vehicles with the same battery capacity under -30°C conditions. In extreme cold environments of -40°C, it maintains over 90% capacity retention, and it can still discharge stably even at the extreme low temperature of -50°C.
Feb 5, 2026 17:52