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Great Wall Motor to build EU factory by 2029 in Spain or Hungary to boost EV sales and reach 1 million annual overseas units by 2030.
Great Wall Motor plans to build its first European factory by 2029, aiming to produce 300,000 vehicles annually in Spain or Hungary, to counter a 41% drop in Ora EV sales there.
The plant will make electric and internal combustion vehicles, with the Ora 5 SUV launching in mid-2026.
The move supports GWM’s goal of 1 million annual overseas sales by 2030 amid rising competition and trade barriers.
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Great Wall Motor construirá una fábrica de la UE para el año 2029 en España o Hungría para impulsar las ventas de vehículos eléctricos y alcanzar 1 millón de unidades anuales en el extranjero para el año 2030.