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Tencent News "First Line"

Author Yang Shi Editor Liu Peng

August 2,Great Wall MotorsWei brandsimultaneoustankGeneral Manager Liu Yanzhao commented on Great Wall Motors' intelligent driving level during the live broadcast of Weilai's new Blue Mountain Intelligent Driving Tour in Shenzhen, saying, "I think it is the best." He added that Great Wall Motors used a laser radar and vision fusion solution to provide a real road condition experience for intelligent driving, which should be the best effect at this stage.

Wu Huixiao, vice president of product intelligence at Great Wall Motors, said that Great Wall Intelligent Driving has been in business for many years. Now the overall urban intelligent driving strategy is biased towards safety and is relatively not particularly radical. The ultimate goal of handing it over to end users is to make users relax, but in fact, "we can do any strategy."

Wu Huixiao specifically mentionedTeslaWu Huixiao also expressed the hope that consumers would give Chinese automakers a chance, as their market share is steadily increasing.

Facing the current internal competition among new power brands, Liu Yanzhao said that Great Wall has always been operating steadily, with a profit of 7 billion yuan in 2023 and nearly 7 billion yuan in the first half of 2024. Compared with the new power that is still losing money, "there is no reason to say that a profitable company cannot outperform a loss-making company." Supported by continuous profitability, Great Wall has a large, continuous and stable R&D investment every year. Liu Yanzhao said that in just two years, Great Wall has built nine R&D centers across the country to continuously release the potential for intelligent business.

It was disclosed that Great Wall Motor's R&D investment in 2023 totaled approximately 11.034 billion yuan, accounting for 6.37% of its operating income. The number of the company's R&D personnel was 24,157, accounting for 29.3% of the company's total number of employees.