Haval to go electric within eight years – report
The Chinese SUV brand Haval will enter a period of transition, with production of internal combustion-engined cars to cease by the end of this decade.
Haval has announced it will stop the sale of petrol-powered models by 2030.
At a media event this week, Haval – the SUV brand of Chinese giant GWM – said it would end sales of its internal combustion-engined cars by the end of the decade, with a transition to electric vehicles to occur in the coming years.
According to Chinese website NetEase, Haval General Manager Li Xiaorui revealed the company’s electrified models are expected to account for 80 per cent of sales by 2025.
The announcement came at the debut of the H6 Hybrid in Beijing, as Haval revealed its ‘New Energy’ plan for the next eight years will include transition to a mix of plug-in hybrid, pure-electric, and hydrogen fuel-cell vehicles.
“Chinese auto companies usher in an opportunity unseen in a century,” GWM President Mu Feng said at the event.
“Today, the release of Haval ‘New Energy’ will start a new journey of the Haval SUV [as] king,” he said.
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