Great Wall Motor Eyes Europe's Largest EV Factory
Update: 2025-11-26
Description
Great Wall Motor, a leading Chinese electric vehicle manufacturer, is planning to build one of Europes largest car factories, potentially producing 300,000 vehicles annually. This move aims to capitalize on the growing demand for electric vehicles in Europe and bypass intense price competition in China. The company is considering sites in Spain and Hungary, with a goal of exporting one million cars globally by 2030, including 300,000 to Europe. The European Unions tariffs on imported Chinese electric vehicles and rules of origin requirements are driving this strategic investment, reshaping the European electric vehicle manufacturing landscape.
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