GWM Global Smart Plant Facilitates New Energy Transformation and Upgrading

Rhea-AI Summary

GWM's Rayong Plant in Thailand recently hosted over 200 global distributors from more than 50 countries to showcase its achievements in intelligent manufacturing and new energy vehicles. The plant, which covers 658,800 square meters, boasts advanced production capabilities for HEV, PHEV, BEV, and ICE models. GWM's investment in R&D reached CNY 8.544 billion in 2022, a 64.74% increase YoY, supporting its goal for technological leadership. GWM reported sales of 902,521 vehicles in the first ten months of 2022, with new energy model sales growing by 9.95%.

Positive

• Invested CNY 8.544 billion in R&D in Q1-Q3 2022, a 64.74% YoY increase.
• Achieved sales of 902,521 vehicles in 2022's first ten months, with new energy models up 9.95%.
• 85.84% of vehicles sold were intelligent models, indicating strong market demand.

Negative

• None.

BAODING, China, Dec. 6, 2022 /PRNewswire/ -- Recently, more than 200 global distributors from over 50 countries and regions visited GWM Rayong Plant in Thailand to get an in-depth knowledge of its achievements in intelligent manufacturing and advanced technologies.

The visit tour involved four manufacturing process workshops, namely stamping, welding, painting, and final assembly. Staff on-site gave a detailed introduction to environmentally friendly techniques, intelligent manufacturing capacity, and full-process vehicle manufacturing procedures to distributors. The digital and intelligent performance of the plant was impressive to distributors.

A distributor from Australia said that this visit helped them have a better understanding of the advanced strength of GWM. They would increase the number of orders for models from GWM and would have more confidence in promoting products and services to users.

Covering an area of 658,800 square meters, GWM Rayong Plant is equipped with a complete vehicle manufacturing process, allowing the production of new energy models such as HEV, PHEV and BEV, and ICE models in the same plant. In September 2022, the 10,000th new energy vehicle rolled off the production line in the Plant. After delivering to users, the HAVAL H6 HEV was recognized by users for its fine craftwork of manufacturing and intelligent technical configuration.

Following the manufacturing concept of "Intelligence, Safety and Green", the plant is equipped with new automatic manufacturing facilities as well as a variety of cutting-edge and intelligent devices such as intelligent robots and computer controlled systems. The workshop for welding and assembly process is a good example. GWM adopts more than 40 FANUC robots to cooperate in the manufacturing process to ensure the accuracy of welding and durability of high-tensile steel car bodies, strongly supporting the manufacturing of high-quality and global products of the company.

In addition to improving the performance of intelligent manufacturing, GWM has continued to increase its investments in R&D. Based on the concept of "precise investment, pursuing industry leadership ", GWM invested CNY 8.544 billion in the first three quarters of 2022, with an increase of 64.74% YoY. The investment covers the fields of the whole vehicle, core parts, new energy, and intelligent R&D to help the company take a lead in making technological breakthroughs.

GWM has achieved outstanding sales performance with its intelligent products that are oriented to the global market and are with high standards. In the first ten months of 2022, GWM sold a total of 902,521 vehicles. Among the sales performance, the number of new energy models was with a YoY increase of 9.95%, and the percentage of intelligent vehicles grew to 85.84%.

In the future, GWM will step up the application of intelligent technology, and expand its strategic new energy deployment around the globe with intelligent manufacturing capacity that can better meet users' needs. The company will provide more green, intelligent, and high-quality products for global users.

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SOURCE GWM

FAQ

What recent event occurred at GWM's Rayong Plant in Thailand?

Over 200 global distributors visited the GWM Rayong Plant to learn about its intelligent manufacturing and technology capabilities.

What is GWM's investment in R&D for 2022?

GWM invested CNY 8.544 billion in R&D during the first three quarters of 2022, representing a 64.74% year-over-year increase.

How many vehicles did GWM sell in the first ten months of 2022?

GWM sold a total of 902,521 vehicles in the first ten months of 2022.

What percentage of GWM's sales in 2022 were new energy models?

New energy models saw a year-over-year sales increase of 9.95% in 2022.

What percentage of GWM's vehicles sold were intelligent models?

85.84% of the vehicles sold by GWM in 2022 were classified as intelligent models.