China-based Great Wall Motors to enter India by 2021-22

According to a media report, China-based Great Wall Motors is planning to enter the Indian market around 2021-22.

The car maker has reportedly started hiring for its local automotive business. Reports suggest that the company has hired Kaushik Ganguly, who was previously part of the product planning department at Maruti Suzuki.

Great Wall Motors has four brands under its umbrella - Great Wall, Haval, Wey and ORA. In China, Great Wall offers sedans, SUVs and pick-up trucks, while the Haval brand focuses primarily on SUVs. Wey caters to the luxury segment. Earlier this year, Great Wall launched an electric vehicle (EV) brand called ORA. The ORA iQ5 is an electric sedan powered by a 59 BHP electric motor, having a maximum range of 350 km. A compact EV called R1 is planned for 2019.

MG Motors, a subsidiary of the China-based SAIC Motor Corporation will also be launching its first SUV in the Indian market sometime next year. The carmaker has also confirmed an electric SUV for India.

Source: Economic Times