GWM to invest RMB 100 billion in R&D for green vehicles

GWM electric vehicle

GWM plans to invest RMB 100 billion in R&D in the coming five years for NEVS and smart vehicles, offering more environment-friendly products.

GWM has won over 10,000 technical patents. Moreover, it vigorously introduces R&D talent and has established a team consisting of experts in various fields from many countries, with nearly 15,000 R&D staff members.

The R&D investment of RMB 100 billion will enable GWM to recruit more global talent, exert its strength on new energy and intelligent fields and realize GWM 2025 Strategy facilitating “environmental-friendly, intelligent, updated and collective development,” said GWM Chairman Jack Wei at the 8th Technology Festival in Baoding at its headquarters.