Global Silk Route Research Alliance logo: a flowing cyan-to-blue wave

Global Silk Route Research Alliance

全球丝绸之路研究联盟

Independent Think Tank · Geopolitics · Belt & Road · Eurasia

LATEST

GM China joint venture reports strong H1 sales, export growth

By Prof. Engr. Zamir Ahmed Awan 2 min read

Wire desk byline Sourced from Xinhua, Dawn, Arab News, Anadolu and Minute Mirror. Translated and abridged by the GSRRA Desk.

GM China joint venture reports strong H1 sales, export growth
Robots install windshields for cars at an intelligent workshop of Chinese automobile manufacturer SAIC-GM-Wuling in Liuzhou, south China’s Guangxi Zhuang Autonomous Region, May 9, 2024. (Xinhua/Jin Haoyuan)

SAIC-GM-Wuling (SGMW), a joint venture between SAIC Motor, General Motors and Liuzhou Wuling Motors, has said that its global sales rose 18.3 percent year on year to 764,544 units in the first half of 2025, fueled by robust demand for new energy vehicles (NEVs) and surging exports.

NEV sales totaled 413,314 units during the period — six consecutive months of over 50 percent year-on-year growth. Exports totaled 125,539 units or sets from January to June, up 17.1 percent from the year before, with NEV exports soaring more than 200 percent for three straight months.

Among NEV brands, the Hongguang MINIEV family achieved sales of 171,064 units in the first half of the year, representing year-on-year growth of 105.4 percent. Since its market launch in July 2020, cumulative sales have surpassed 1.6 million units.

The automaker, which has entered markets across 104 countries and regions, including Central America, South America, the Middle East, Africa and Southeast Asia, saw its 3-millionth NEV roll off the production line in Indonesia on May 23.

SGMW signed a strategic cooperation agreement with its partners in Uzbekistan in January. In June, the company exported its first Brazil-bound vehicles, exploring local assembly partnerships.

SGMW is based in the city of Liuzhou, south China’s Guangxi Zhuang Autonomous Region. 

Reference Link:- https://english.news.cn/20250702/af742dca69b7439e92bc105f26792dcb/c.html

Prof. Engr. Zamir Ahmed Awan
Prof. Engr. Zamir Ahmed Awan Founder & Chair, Global Silk Route Research Alliance

Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…

All articles by this author

Memberships & Partners · 伙伴联盟