After BYD, another Chinese automaker announced it would stop selling internal combustion engines. From 2030, Great Wall Motor's Haval brand will focus exclusively on selling new energy vehicles (NEV).
By 2025, 80% of the company's sales are expected to come from pure electric, fuel cell and plug-in hybrid vehicles, general manager Li Xiaorui said during an NEV strategy event.
“Chinese auto companies are opening up opportunities not seen in a century,” Great Wall Motors president Mu Feng told the conference. Haval H6 has been the best selling SUV in China in recent years. It has now been replaced by BYD (sold as PHEV and BEV) and has only outpaced the all-electric Tesla Model Y in the first half of the year.
As reported, BYD stopped manufacturing and selling clean combustion engines in March — BYD builds only battery electric vehicles and plug-in hybrids. Since then, BYD has reportedly sold more than 100,000 NEVs in five consecutive months. In the near future, the first deliveries to Europe - purely electric cars - should also begin.