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China’s Great Wall Motor chairman reveals glimpse of company’s first supercar
Great Wall Motor (GWM) announced plans for its first supercar, with Chairman Wei Jianjun revealing a design teaser resembling Ferrari or Lamborghini shapes. This initiative, highlighted during GWM's 35th anniversary, follows five years of development, as noted by CTO Nicole Wu Huixiao, who aims to compete with high-end models like Ferrari's SF90.
Key points
- GWM is developing its first supercar, as revealed by Chairman Wei Jianjun.
- A teaser image showcases a design similar to Ferrari or Lamborghini.
- The announcement aligns with the company's 35th anniversary celebrations.
- CTO Nicole Wu Huixiao stated the supercar project has been in development for at least five years.
- GWM aims to compete with Ferrari SF90, indicating confidence in their technology.
Why it matters
- The rise of the electric and luxury car segments in the automotive market by 2025.
- Growing competition among Chinese automakers and established luxury brands.
- Increased innovation and investment in supercar technology, driven by consumer demand for high-performance vehicles.
Great Wall Motor's foray into the supercar market reflects the shifting dynamics in the automotive industry, with an emphasis on luxury and performance aiming to compete on a global scale.