Great Wall Motors Could Postpone Haval Launch In India

While existing automakers in India are suffering huge losses because of the coronavirus lockdown, newcomers like Great Wall Motors are rethinking their timeline for entering the Indian market as well as the investment among other strategic decisions for the same.On 17 January 2020, GWM signed an agreement with GM to acquire its Talegaon factory located in the State of Maharashtra. The acquisition of this plant will lay a major foundation for the company’s entry in India. It was scheduled to be completed in the second half of 2020.However, an industry source has told Telegraph India that the company “might just have to abandon its India plans.” When they reached out for a comment about the matter, GWM said that it is “still studying the order and what it implies.”Great Wall Motors displayed the F7, F7x, F5, H9, Concept H, and Vision 2025 Haval models and the R1 and iQ Ora models (but as GWM products) at Auto Expo 2020.