|Bid||3.7130 x N/A|
|Ask||3.7610 x N/A|
|Day's range||3.6770 - 3.7260|
|52-week range||0.8088 - 3.7260|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a key Chinese manufacturer.“When the chip shortage is over, the major supply shortage the industry faces would be batteries,” Yang Hongxin, chairman of SVolt Energy Technology Co., which has struck an agreement with Jeep-maker Stellantis NV, said in an interview. “The production capacity of battery cell
BEIJING (Reuters) -Great Wall Motor Co Ltd is targeting an annual sales of 4 million vehicles in 2025, Chairman Wei Jianjun said on Monday, as China's top pickup truck maker sees an increase in the demand for leisure use. Great Wall's revenue is expected to reach 600 billion yuan ($92.86 billion) in 2025, Wei said in a briefing on the company's strategy at its headquarters. Great Wall, which sold 1.1 million cars last year, aims for 80% of its annual sales in 2025 to be new energy vehicles, including battery electric, plug-in hybrid and hydrogen fuel cell vehicles.
China's Great Wall Motor aims to sell around 270,000 pickup trucks this year, up from 225,000 units last year, Cui Xiaohui, general manager of Great Wall's pickup truck unit said on Tuesday. Baoding-based Great Wall, the top pickup truck maker in China, also aims to sell over 500,000 of the vehicles a year in 2025, Cui said, adding that half of the sales in 2025 will be overseas.