Home

Search History

Clear History

Hot Searches

Change

Subscribe eNews

Once A Week Once Every Two Weeks

Applications

NautreWorks expands Ingeo biopolymer to boost efficiency for BOPLA films

From beach to big bags: Recycling plastic waste into industrial big bags in India

Borealis launches LLDPE flexible packaging with 85% PCR content

Products

LyondellBasell and Covestro declare permanent shutdown of PO11 unit at Maasvlakte

WITTMANN to show off state-of-the-art injection molding technology at CHINAPLAS

Syensqo introduces pioneering non-fluorosurfactant perfluoroelastomers

Activities

Round Table at Fakuma 2023: “Plastic – Recyclable Rather Than Problem Material!”
ArabPlast 2023 – The Success Journey Continues………..
GREAT NEWS! INAPA 2023 IS COMING BACK 24 - 26 May 2023 at JIExpo Jakarta, Indonesia

Pictorial

Webinars

Unlocking the HP Indigo Digital Flexible Packaging Factory

Covestro's CMF Trends 2025+: Electronics, Automotive and Healthcare

Covestro RE Material Solutions: Empowering electronics industry to fulfill new EPEAT standards and lower carbon footpint

Conferences

6th Edition CHINAPLAS x CPRJ Plastics Recycling and Circular Economy Conference and Showcase

SPE Asia Chapter

13th Edition CPRJ Plastics in Automotive Conference and Showcase

Industry Topic

ASEAN: The Next Manufacturing Hub

Innovative and Sustainable Packaging

Green Plastics: News & Insights

CHINAPLAS

CHINAPLAS 2025 Focus

CHINAPLAS 2024 Focus

CHINAPLAS 2023 Focus

Exhibition Topic

CHINA FOCUS

Fakuma 2024 Highlights

K 2022 FOCUS

News Videos

ENMA: Modular granulator boosts efficiency

ARKEMA: High-performance nylon unlocks sustainable future

KRUPP debuts all-electric blow molding machine at CHINAPLAS

Conference Videos

【Mandarin session:Webinar playback】BASF:Tinuvin® NOR® 211 AR - High performing and value-in-use NOR® HALS® that can resist high levels of UV light, heat and acids

[Webinar playback] SABIC Webinar : Enabling a Circular Economy for Plastics Together

【Mandarin session:Webinar playback】The new generation application of Siriusvision inspection technology in the printing industry

Corporate/Product Videos

NANJING LEPUZ CHEMICAL CO., LTD

Baofeng Energy: A Leading Enterprise in the High-End Coal-Based New Materials Industry with a Comprehensive Industrial Chain

Wuhan Jiusheng Machinery Technology Co.,Ltd

Exhibition

Playback TECHHUB@CPRJ Live Streaming for CHINAPLAS

Events

Playback 5th Edition CHINAPLAS x CPRJ Plastics Recycling and Circular Economy Conference and Showcase

News

Events

Special

Video

Live

eNews

eBook

Event Calendar

Survey

CHINA FOCUS

Comment
(0)

Home > News > Automotive

GWM to build automobile assembly factory in Vietnam

Source：Adsale Plastics Network Date ：2024-09-17 Editor ：VC

Copyright： This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

After officially entering the Vietnamese market in August 2023, Great Wall Motor (GWM) has recently signed a memorandum of understanding for cooperation on a CKD (Completely Knocked Down) assembly project with Vietnam’s TAG.

Both parties held in-depth discussions about future cooperation visions, planning to leverage their respective expertise and resources to jointly expand the market. The factory is expected to achieve localized production and sales by the end of 2025.

For expanding its global production and supply network, GWM actively promotes localized production strategy, shifting from exporting products to manufacturing abroad. Overseas KD factory projects have become an important means of expanding production capacity, in addition to its full-process factories.

Currently, the Chinese automaker has achieved a “dual-wheel drive” model with both domestic and overseas operations, forming a global production layout of “10+3+N" - 10 factories in China, 3 overseas factories, and multiple KD factories in overseas.

GWM has recently signed a memorandum of understanding for cooperation on a CKD assembly project with Vietnam’s TAG.

Rapidly growing overseas sales

Following the commencement of KD factory operations in Ecuador, Pakistan, Uzbekistan, and Ghana, several GWM projects in Indonesia, Malaysia, and other locations are expected to begin production within the year.

GWM’s overseas sales reached 280,139 units from January to August of this year, a year-on-year increase of 54.20%. In August alone, overseas sales amounted to 40,454 units, a year-on-year increase of 31.60%, setting a new monthly record for overseas sales.