What is the relationship between SVOLT Energy and Great Wall Motors?
1 Answers
SVOLT Energy and Great Wall Motors have a cooperative relationship. Here are the specific details: 1. In terms of research: SVOLT Energy is engaged in the R&D, trial assembly, mass production, and raw material production of automotive power batteries; Great Wall Motors is an automobile manufacturing enterprise. 2. Content: SVOLT Energy was established by Great Wall Motors, which then transferred all its shares in SVOLT Energy to Baoding Maosheng, a wholly-owned subsidiary of Great Wall Holdings. SVOLT Energy mainly focuses on the R&D of battery materials and systems, providing high-end OEM supporting systems as a provider of power and energy storage battery systems. Great Wall Motors' product lineup includes the Haval SUV series, Great Wall sedan series, and Wingle pickup series.