China’s Great Wall will target 50% growth in Thai sales this year. Great Wall Motor’s Ora Good Cat is already the top-selling electric vehicle in Thailand.
Great Wall Motor aims to increase sales in Thailand by 50% this year, the privately owned automaker said on Friday, while also planning to launch production of electric vehicles in Thailand in 2024.
GWM sold 11,600 units in Thailand during 2022, more than triple the previous year’s tally, for a market share of 1.4%. The company is targeting sales of 18,000 vehicles in 2023, with plans to introduce five new models.
More than one-third of the units sold in 2022 were of GWM’s Good Cat, a compact electric vehicle under the Ora brand. Thailand has provided subsidies and tax incentives for the car on the condition that it be produced locally.
Good Cats currently are imported from China and was the leading EV in Thailand by…
