In 2023, Great Wall Motor signed a contract with Uzbekistan Automobile Group
Great Wall Motor
According to news on July 13, Great Wall Motors recently formally signed a strategic cooperation agreement with Uzbekistan Automobile Group ADM Automobile Factory on Uzbekistan market development cooperation.
Based on the cooperation agreement, Great Wall Motors’ products will be produced locally at the ADM Automobile Plant in Uzbekistan, which plans to have a production capacity of tens of thousands of Haval vehicles in 2024.
In the future, Great Wall Motors will conduct in-depth discussions with ADM Motors on the possibility of in-depth localization of Great Wall Motors products and cooperation in new energy products, so as to fully support the strategic transformation of the Great Wall Motors brand smart technology company.
Zhang Junxue, President of Great Wall Motor Europe and Asia, said: “Great Wall Motor will continue the product category focus strategy and enter the Uzbekistan market in an all-round way.
We will fully carry out localized cooperation with partners through fuel and new energy products, and challenge the Haval brand and real estate models in 2023. Successfully launched and sold in the year.”
Previously, the Great Wall Motors delegation visited the ADM Jizzakh Automobile Assembly Plant in the Jizzakh region, and exchanged views and visited the current production capacity of the assembly plant, as well as the full-process automobile production complex and auto parts localization cluster under construction.
During the visit, Mr. Saliev, governor of Uzbekistan’s Djizak region, met with Zhang Junxue and his party, and communicated with Great Wall Motors on the in-depth localization of production in Uzbekistan.
During the meeting, Zhang Junxue introduced the global layout of Great Wall Motors, the forest ecosystem and future new energy strategic planning, as well as the vision of cooperation with ADM Automobile Group on the joint development of automobile cooperation business.
Governor Saliev expressed his high appreciation: “ADM Automobile The group is a strong, honest and reliable group enterprise, which has developed rapidly in recent years and has great potential for cooperation.
At present, the automobile factory covers DKD and CKD projects, and is highly concerned and supported by the Uzbekistan government.
I hope to see Great Wall Motors as soon as possible The first batch of localized automotive products rolled off the production line.”
Auto market in Eurasia
According to the official introduction of Great Wall Motors, Uzbekistan, as the second largest auto market in Eurasia, is a successful example of the transition from a planned economy to a market economy.
The auto market has gradually opened up from a closed country, and the market has great potential for development.
Great Wall Motor said that at present, the company’s layout in the Central Asian market is gradually full.
In addition to the Kazakhstan and Kyrgyzstan markets, Uzbekistan will be the third and most important Central Asian auto market to fully promote in-depth development and accelerate the globalization of Great Wall Motors. development of the process.
According to previous reports, Great Wall Motor President Mu Feng said at the 2022 annual shareholders meeting: In 2024, the company will make full efforts in the PHEV and BEV markets, and strive to achieve sales of 1.9 million units and a net profit of 7.2 billion RMB.
Dong Yang, vice chairman of the China Electric Vehicles Association, believes that from the past export of complete vehicles to the current establishment of local factories, and the realization of the localization of parts and services.
This is the transformation of my country’s auto companies from simple product trade in the past to “products, The embodiment of the output of the whole industry chain of technology, talent and management.
The China Automobile Association predicts that my country’s new energy vehicles will continue to maintain rapid growth in 2023, and sales are expected to exceed 9 million.
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