Zhong Guo Xin Wen Wang·2025-08-16 09:44Core Points - The inauguration of Great Wall Motors' factory in Brazil marks a significant milestone in Sino-Brazilian relations, coinciding with the 51st anniversary of diplomatic ties [1][3] - The factory's first model, the Haval H6GT, has officially entered the Brazilian market, with Brazilian President Lula signing the vehicle's hood during the ceremony [1][3] Group 1: Company Developments - Great Wall Motors' factory in Brazil is positioned as the company's third largest overseas manufacturing center, with an initial production capacity of 20,000 units per year, set to increase to 50,000 units [3] - The factory is designed for smart production and can manufacture various energy models, including hybrid electric vehicles (HEV), plug-in hybrid electric vehicles (PHEV), and diesel-powered vehicles [3] - The establishment of the factory is expected to create over 1,000 direct jobs in Brazil [3] Group 2: Market Performance - In the first half of this year, Great Wall Motors sold over 15,700 vehicles in Brazil, reflecting a year-on-year growth of 19.8% [4] Group 3: Strategic Importance - The factory's opening is seen as a commitment to the Brazilian market and a starting point for future collaboration with Latin American partners [3] - The automotive investment cooperation has become a new highlight in Sino-Brazilian relations, with several Chinese companies, including BYD, Chery, and GAC, launching local investment and production plans [3]