
On November 14th, Great Wall Motors announced that the IGBT independently developed and produced by Xindong Semiconductor, a subsidiary of Great Wall Holdings, has achieved mass production and installation. The project took only 14 months from project initiation and development to installation.
At present, the construction of Xindong Semiconductor Wuxi factory has been completed. Since the foundation was laid in February this year, it has taken 8 months for the main body of the factory to be capped, and the first module production line was successfully put into operation on October 28th. The factory has a first-class testing environment in China, which can meet the strict quality management requirements of IGBT power modules, quickly respond to vehicle requirements, and develop products in a targeted manner.
In addition, it is reported that in October this year, Great Wall Motors sold 131300 vehicles, a year-on-year increase of 31.04%. The cumulative sales for this year reached 995400 vehicles, a year-on-year increase of 10.29%. Among them, Euler brand cars sold 10800 units in October, a year-on-year increase of 94.29%; The sales of new energy vehicles reached 30551 units, with a cumulative sales of 200897 units from January to October.