Country for PR: China
Contributor: PR Newswire Asia (China)
Thursday, July 01 2021 - 21:41
AsiaNet
GWM Holds the 8th Technology Festival and Officially Released Its 2025 Strategy
BAODING, China, July 1, 2021/PRNewswire-AsiaNet/--

"GWM 2025 Strategy Global Launch Conference and the 8th Technology Festival 
Opening Ceremony" was grandly held in Baoding HAVAL Technical Center on June 
28th. GWM officially launched its 2025 strategy, which aims to achieve its 
annual global sales of 4 million vehicles by 2025, of which 80% are new energy 
vehicles, with operating revenue exceeding 600 billion CNY, and is expected to 
invest up to 100 billion CNY in R&D.

Jack Wei, Chairman of GWM, said at the conference, "The only way for Chinese 
auto brands to surpass our competitors in the real sense is to magnify their 
own advantages in a quick manner in the next three to five years to lead in the 
field of new energy and intelligence. Moreover, the opportunity for Chinese 
automobile brands knocks only once. "

In the future, GWM will push hard for comprehensive and thorough innovation and 
change, and continuously build competitiveness to take the lead in the new 
field and promote transformation of GWM into a global technology-driven 
mobility company on the basis of the new positioning of "global layout", "large 
investment in R&D", "great change of enterprise" and "user-centered operation".

In order to "win China and go global", GWM not only lays out global R&D, 
production and sales, but also keeps deepening the globalization of brand, 
technology and talents. GWM aims to sell 4 million vehicles across the world by 
2025. New energy vehicle sales will account for 80% of the total sales, with 
operating revenue exceeding 600 billion CNY. In the next 5 years, its total R&D 
investment will be up to 100 billion CNY to ensure its technological 
predominance in creating greener, smarter and safer products for global users. 
Additionally, GWM will enlarge its pool of global R&D talents. By 2023, its 
global R&D personnel will exceed 30,000, including 10,000 software development 
talents.

Through the "great change of enterprise", GWM will practice its concept of 
"user-centered" service in real sense to build a brand-new value system in 
which the enterprise and users operate together through the innovative 
"user-centered operation" of all aspects and the whole field. GWM will rely on 
the industrial Internet to deepen the user operation mode of consumer to 
business (C2B); build a new business model of "products +software+ services" to 
share fruitful results and achieve win-win situation with users through 
co-creation.

Source:GWM

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   Link: https://iop.asianetnews.net/view-attachment?attach-id=395189

   Caption: Jack Wei , Chairman of GWM

Translations

Japanese