China's largest sports activities car producer Great Wall Motors has entered the Indian market. The firm has launched its sports activities utility model Hevel in India. Great Wall would be the second car producer in China to enter the Indian market after MG Motor, owned by SAIC Motor Corp. Last month, Hebei-based Great Wall Motors acquired the Talegaon-manufacturing plant of American automaker General Motors.
The firm stated in a press launch that "GWM has spent 1.5 billion during the last decade to analysis and develop power, and state-of-the-art applied sciences. Grat Wall plans to take a position 7000 crore in a phased method in India. , Which contains manufacturing crops, car analysis and improvement, manufacturing of electrical batteries and electrical drives, car and part manufacturing. <! –
The Chinese firm has additionally invested within the manufacture of lithium batteries and parts in India. Hardeep Singh Brar, advertising and gross sales director of the Indian operations of Great Wall Motors, stated "India has become one of the fastest growing major economies in the world. This has made India a preferred destination for auto companies."
In this 15th version of Auto Expo 2020 we’re introducing our international clever SUV professional model – HAVAL and are planning to cowl the whole vary of SUVs. The firm additionally plans to spend money on the manufacture of electrical autos and associated parts in India within the coming years.
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