Industry News

Great Wall Motor signed a 10-year strategic cooperation agreement with Ningde Times

2021-06-09
Recently, Great Wall Motor Co., Ltd. (hereinafter referred to as "Great Wall Motor") and Ningde Times New Energy Technology Co., Ltd. (hereinafter referred to as "Ningde Times") officially signed a ten-year long-term strategic cooperation framework agreement at Harvard Technology Center in Baoding.
Wei Jianjun, Chairman of Great Wall Motor, and Zeng Yuqun, Chairman of Ningde Times attended the signing ceremony. Cui Kai, Vice President of Great Wall Motor, and Zhu Wei, Executive President of Domestic Passenger Vehicle Division of Ningde Times signed the agreement on behalf of both parties.
According to the agreement, Great Wall Motor and Ningde Times will make use of their own advantages, based on the depth of cooperation, to enhance the linkage level of supply and demand, create efficient synergistic competitive advantages, promote the scientific and technological progress of new energy vehicles, and help achieve the goals of "carbon peak" and "carbon neutral".
Prior to the signing, the two sides held talks and reached in-depth consensus on promoting the implementation of the strategic cooperation agreement.

As early as 2016, Great Wall Motor and Ningde Times started the cooperative development of models, and then the two sides carried out all-round technology research and development and supply cooperation in many brands such as Haval, WEY and Euler.
This long-term strategic cooperation is deepening and upgrading on the basis of years of cooperation between the two sides.

As a world-renowned manufacturer of SUVs and pickups, Great Wall Motor is accelerating its transformation into a global technology travel company and constantly creating value for users.
At present, Great Wall Motor has more than ten million users, and the sales volume has exceeded one million for five consecutive years. Its five brands -- Hafer, WEY, Euler, Great Wall Pika and Tank -- continue to maintain a dominant position in the market segment.
In the field of new energy, relying on the three major technology brands of "Lemon", "Tank" and "Coffee Smart", Great Wall Motor simultaneously carries out the vehicle development of EV, HEV and PHEV, as well as the layout of hydrogen energy vehicles.

As a leading battery R&D and manufacturing company in the world, Ningde Times is committed to replacing the fixed and mobile energy systems based on traditional fossil energy with efficient power systems based on advanced batteries, solar water and other renewable energy. With electrification + intelligence as the core, Ningde Times realizes integrated innovation of market application.

At present, a new round of scientific and technological revolution and industrial change is developing vigorously, and electric and intelligent has become the development trend of the automobile industry.
This time, the two sides will jointly build a long-term strategic cooperative relationship to achieve mutual benefit and win-win results and jointly promote the high-quality development of the new energy automobile industry. Welded Steel Pipe