Shulou(Shulou.com)11/24 Report--

CTOnews.com9 March 8 news, today, Great Wall Motor Co., Ltd. announced the production and sales of KuaiBao in August this year. Data show that Great Wall sold a total of 88226 vehicles in August, up 18.81 per cent from a year earlier. Of this total, 11964 new energy vehicles were sold, an increase of 970 compared with 10994 in July.

By brand, the Euler brand, a new energy vehicle brand owned by Great Wall, sold 9161 vehicles in August, down 24.68 per cent from a year earlier. The Euler brand produced 9301 vehicles in August, a year-on-year decrease of 23.16%. Great Wall's sales this month mainly rely on the Harvard brand, which sold 50400 vehicles in August, up 24.26% from a year earlier. The Harvard brand produced 50925 vehicles in August, an increase of 25.93% over the same period last year.

As of August this year, Great Wall Motor had sold a total of 86548 new energy vehicles. Among them, the Euler brand sold a total of 77116 vehicles this year, an increase of 7.16% compared with 71961 in the same period last year. The Euler brand produced a total of 76707 vehicles this year, an increase of 7.07 per cent compared with 71639 in the same period last year.

CTOnews.com learned that on August 30 this year, Great Wall released results for the first half of 2022. According to the financial report, from January to June this year, Great Wall Motor's operating income reached 62.134 billion yuan and its net profit was 5.592 billion yuan, an increase of 58.47 percent over the same period last year.

The report points out that Great Wall Automobile will continue to increase investment in core technologies in the field of new energy and intelligence. Among them, R & D investment in the first half of the year was 5.81 billion yuan, an increase of 100.55% over the same period last year, accounting for 9.35% of operating income.

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