Great Wall will open a factory in Russia to approach Europe
The Chinese manufacturer Great Wall Motor will launch an assembly plant in Russia in March next year.
The factory, for which Great Wall has invested 500 million dollars, will be located in the Tula Oblast region in central Russia, and will have a production capacity of up to 150,000 vehicles per year.
At the factory the F7 Haval crossover and its F7X sports variant will be built for the local market.
The production of vehicles for Russia at the new plant will also serve as the "bridgehead" of the brand in Europe said Great Wall, without however specifying plans for exports.
The company exported 39,168 vehicles last year, with a 125% increase compared to the previous year, while this year exports should reach 55,000 units.
Currently GWM vehicles, mainly SUVs, are exported to around 60 countries. Ecuador, South Africa, Peru, Malaysia, Russia and Australia are the main export markets.
The General Manager of Haval operations in foreign markets, Wang Shihui said: "We are preparing to export our products to the United States, India, Brazil and the European countries".