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  1. Home
  2. Brands
  3. Automotive
  4. Haval
Haval logo
Automotive

Who Owns Haval?

Haval is owned by Great Wall Motors (HKEX: 2333.HK, SSE: 601633), a publicly traded Chinese automobile manufacturer headquartered in Baoding, Hebei Province, China. Launched in 2005 as GWM's dedicated SUV division, Haval sold 758,554 units in 2025 and operates as a wholly-owned brand within Great Wall Motors' portfolio alongside Tank, WEY, ORA, and GWM Pickup.

Parent Company

Great Wall Motor Company Limited

Founded

2005

Status

Publicly Traded

Headquarters

Baoding, Hebei Province, China

Haval Timeline

1984
Great Wall Motor Company Limited

Parent company established in Baoding, Hebei, China

Company Founded
2005

Haval

Founded by Great Wall Motors (internal development)

Founded
mid rangemass marketGlobalOfficial Website

Who Owns Haval?

  • Parent Company: Great Wall Motor Company Limited
  • Ownership Type: Wholly owned
  • Company Type: Publicly Traded
  • Stock Ticker: HKEX / SSE: 02333 (HKEX), 601633 (SSE)
BrandParent CompanyOwnership Type
HavalGreat Wall Motor Company LimitedWholly owned

Where to Buy

Disclosure: We may earn commission from purchases
AmazonHaval on Amazon

History of Haval

  • Founded: 2005
  • Founders: Great Wall Motors (internal development)

Haval's origins date to 2002, when Great Wall Motors launched the Hover SUV. The Hover was a budget-priced mid-size SUV that quickly became one of the best-selling SUVs in China. It proved that Chinese consumers wanted affordable, roomy utility vehicles, and GWM moved to capitalize on that demand.

In 2011, GWM launched the Haval H6, the model that would define the brand. The H6 was a compact SUV priced below competing Japanese and American models but with comparable interior space and features. It became the best-selling SUV in China for over 100 consecutive months. The H6's success was built on a simple formula: aggressive pricing, frequent updates, and a wide range of powertrain options including naturally aspirated, turbocharged, and later hybrid variants.

Great Wall Motors formally separated Haval as an independent brand in 2013, giving it dedicated manufacturing facilities, R&D teams, and dealer networks distinct from the parent company's other vehicle lines. The move allowed Haval to develop its own brand identity focused exclusively on SUVs and crossovers, while GWM's pickup truck business continued under the corporate name.

Throughout the 2010s, Haval expanded its lineup to cover nearly every SUV segment. The subcompact H1 and H2 targeted entry-level buyers. The mid-size H5 and H7 filled the family SUV segment. The full-size H9, launched in 2015, was a body-on-frame off-road SUV aimed at buyers who wanted a Toyota Land Cruiser Prado alternative at roughly half the price. In 2026, the H9 received a major update with 2.0T petrol and 2.4T diesel options, priced from 199,900 yuan (approximately $26,930 USD) in the Chinese market.

Haval hired former BMW designer Pierre Leclercq in 2014 to lead its styling department. The hiring signaled GWM's intent to move Haval beyond its budget-SUV roots and compete on design quality with international brands. Subsequent models like the second-generation H6 and the Jolion featured more refined exterior styling that helped the brand gain acceptance in export markets.

International expansion accelerated in the 2020s. Haval entered Australia, South Africa, the Middle East, and parts of Southeast Asia through GWM's dealer networks. In Australia, the Haval Jolion became the brand's top seller, with 19,413 units sold in 2025, a 36.3% increase year-on-year. GWM Australia delivered 52,809 total vehicles in 2025, a 23.4% increase in a market that declined 0.9% overall. The brand also established manufacturing in Thailand and Brazil, and a KD (knock-down) assembly plant in Uzbekistan produced its 10,000th vehicle in 2025.

Electrification became a central focus. GWM's Hi4 hybrid all-wheel-drive system, introduced in 2023, was deployed across Haval's core models. The Haval H6 GT PHEV, launched in Australia in 2025, now accounts for 50% of H6GT powertrain sales in that market. The Haval Raptor PHEV and Haval Dragon PHEV brought plug-in hybrid technology to the mid-size and full-size segments. In 2026, Haval continued expanding its off-road portfolio with the H9 Crossing Edition and the upcoming flagship H10, positioned above the H9 in both size and capability.

Haval's domestic sales have faced pressure from China's rapid shift to pure electric vehicles. In March 2026, Haval sold 24,520 units in China, down 19.7% year-on-year. The brand is countering this trend by expanding its hybrid and PHEV offerings and by introducing new off-road models like the Menglong Plus, which entered presales in 2026 with extended electric range.

About Great Wall Motor Company Limited

Is Great Wall Motors publicly traded?
Yes, Great Wall Motor Company Limited is publicly traded on both the Hong Kong Stock Exchange (H shares: 02333 HKD counter, 82333 RMB counter, listed December 2003) and the Shanghai Stock Exchange (A shares: 601633, listed September 2011). The company is widely held by institutional and individual investors in domestic and international markets. Founder Wei Jianjun maintains significant influence through his shareholding and position as Chairman.

Who founded Great Wall Motors?
Great Wall Motors was founded in 1984 by Wei Jianjun in Baoding, Hebei Province, China. Wei Jianjun continues to serve as Chairman and maintains significant influence over the company's strategic direction. He has led the company's transformation from a small local manufacturer into one of China's major automotive manufacturers and exporters.

How many cars does Great Wall Motors sell?
Great Wall Motors sold 1,323,800 vehicles in 2025, up 7.23 percent year over year, achieving a record high. Overseas sales reached 506,800 units (up 11.60 percent), and new energy vehicle sales totaled 406,000 units (up 26.00 percent). NEV penetration was 30.5 percent of total sales. For 2026, GWM targets 1.8 million vehicle sales, a 36 percent increase.

What brands does Great Wall Motors own?
GWM operates seven brands: Haval (mainstream SUVs, 761,487 units in 2025), TANK (premium off-road SUVs, 234,442 units), WEY (premium new energy, 99,617 units), ORA (electric vehicles, 48,312 units), GWM Pickup (pickup trucks, 178,936 units), GWM SOUO (touring motorcycles, 500-plus units delivered in 2025), and GWM Commercial Vehicles (heavy-duty trucks, 502 units). The company also offers multiple powertrain options including gasoline, diesel, pure electric, hybrid, plug-in hybrid, and hydrogen fuel cell.

What is Great Wall Motors' revenue?
Great Wall Motors reported FY2025 total operating revenue of RMB 222.82 billion (approximately $30.6 billion), up 10.20 percent from RMB 202.19 billion in FY2024. Revenue from automobile sales was RMB 195.85 billion. Net profit attributable to shareholders was RMB 9.87 billion (down 22.07 percent), with basic EPS of RMB 1.16. R&D expenses were RMB 10.43 billion, and selling expenses were RMB 11.27 billion. The proposed dividend is RMB 0.35 per share.

Does Great Wall Motors sell cars internationally?
Yes, GWM has significant international operations. Overseas sales reached 506,800 units in 2025, up 11.60 percent, setting a record. The company has manufacturing plants in Thailand, Brazil, Russia, and Pakistan, and distribution networks across Europe, Africa, the Middle East, Asia, South America, and Oceania. The GWM Cannon pickup leads sales in Australia, South Africa, and Chile, with presence in over 60 countries. GWM closed its European headquarters in Munich in 2024 due to low sales but continues European operations through alternative channels.

What is Great Wall Motors' 2026 target?
GWM targets 1.8 million vehicle sales in 2026, a 36 percent increase from 2025's 1,323,800 units. New energy vehicle penetration is targeted to exceed 50 percent, up from 30.5 percent in 2025. This requires adding nearly 500,000 units to 2025's volume and significantly accelerating NEV adoption.

  • Founded: 1984
  • Headquarters: Baoding, Hebei, China
  • Company Type: Publicly Traded
  • Stock: HKEX / SSE: 02333 (HKEX), 601633 (SSE)
  • Revenue: RMB 222.82B (FY2025)
  • Employees: ~80,000

Visit Great Wall Motor Company Limited website

View full company profile for Great Wall Motor Company Limited

Where Is Haval Made / Based?

  • Headquarters: Baoding, Hebei Province, China
  • Manufacturing / Operations: China, Thailand, Brazil, Uzbekistan

Haval Categories & Tags

SuvCrossoverAutomobilesGwmChinese BrandHybrid Vehicles

Haval Sustainability & Ethics

Haval's sustainability efforts are governed by Great Wall Motors' corporate environmental framework. GWM has not set a net-zero target date for Scope 3 emissions, which include vehicle use-phase emissions and represent the largest portion of an automaker's carbon footprint.

The brand's most significant sustainability initiative is electrification. Haval now offers hybrid or plug-in hybrid variants across its core model lineup using GWM's Hi4 system. The H6 GT PHEV, Raptor PHEV, and Dragon PHEV reduce fuel consumption compared to their ICE-only counterparts. However, Haval does not currently offer a pure battery-electric vehicle; that segment is served by GWM's ORA brand.

GWM reported a total carbon reduction of 209,120 tonnes of CO2 equivalents in recent production operations through process optimization, equipment upgrades, and green energy introduction. The company aims to reduce carbon emission intensity in vehicle production by 16% compared to 2020 levels. GWM publishes annual sustainability reports, though Haval-specific metrics are consolidated within the parent company's disclosures.

The company has not disclosed Scope 3 emissions data. No independent third-party certifications (such as B Corp or ISO 14064 verification) have been publicly documented for Haval or GWM as of the date of this article.

Awards & Recognition

Haval has received recognition in several international markets, though the brand does not typically pursue global automotive awards in the manner of European or Japanese manufacturers.

In Brazil, GWM won 23 automotive awards in 2024. The Haval H6 received 12 awards, making it the most awarded hybrid car in Brazil that year. Specific honors included "Best Hybrid Model of 2024" for the H6 PHEV and "Lowest Hybrid Model Cost Award" for the H6 HEV.

In Australia, the Haval H7 received a 5-star ANCAP safety rating after a recall addressed a driver head restraint issue identified during crash testing. The 5-star rating places the H7 among the safest vehicles in its segment according to Australasian New Car Assessment Program standards.

Haval held the position of best-selling SUV brand in China for nine consecutive years through 2018. While domestic competition has intensified since then, the brand's sustained leadership during this period is well documented in Chinese automotive industry reports.

Haval Recalls & Controversies

Haval H7 Head Restraint Recall (Australia, 2024): Great Wall Motors recalled 571 Haval H7 vehicles in Australia after ANCAP crash testing found that the driver's head restraint could dislodge in a collision. The issue initially prevented the H7 from receiving a 5-star safety rating. GWM issued the recall, implemented a fix to secure the head restraint, and the vehicle subsequently achieved its 5-star ANCAP rating. The recall was resolved through dealer service campaigns at no cost to owners.

European Market Exit (2024): GWM announced the closure of its European headquarters in Munich by August 2024. The company sold only 6,300 vehicles in Europe in 2023, representing 2% of its overseas sales. The exit reflected the difficulty Chinese brands face in penetrating mature European markets with established dealer networks and stringent regulatory requirements. GWM has since pursued market-specific distribution agreements in select European countries rather than a centralized operation.

Domestic Sales Pressure (2025-2026): Haval's Chinese domestic sales have declined as consumers shift toward pure electric vehicles. March 2026 sales of 24,520 units represented a 19.7% year-on-year decrease. The brand is addressing this through expanded PHEV offerings and new off-road models, but the transition has created short-term volume pressure in its home market.

Brands Owned by Great Wall Motor Company Limited

GWMAutomotive

GWM

Owned by Great Wall Motor Company Limited

Chinese automotive brand specializing in SUVs and pickup trucks, owned by Great Wall Motors and sold in over 60 countries.

suvpickup-trucksautomobiles
View all brands owned by Great Wall Motor Company Limited

Haval Ownership: Pros & Cons

Advantages

  • +Backed by GWM's R&D budget, including shared Hi4 hybrid and Coffee Pilot ADAS technologies
  • +Manufacturing scale across multiple countries reduces per-unit costs
  • +Strong dealer network in China with over 1,500 overseas distribution channels
  • +Competitive pricing relative to Japanese and Korean SUV competitors in export markets
  • +Growing PHEV and hybrid lineup addresses fuel economy concerns

Considerations

  • -Limited brand recognition in Western markets compared to established automakers
  • -No pure battery-electric offering under the Haval name (EVs are handled by ORA)
  • -European market presence is minimal after 2024 headquarters closure
  • -Domestic Chinese sales declining as consumers shift to pure EVs
  • -Geopolitical tensions and tariffs may affect export market growth

Frequently Asked Questions About Haval

Sources & Further Reading

  • Great Wall Motors 2025 Annual Report -
  • GWM Australia 2025 Sales Results -
  • GWM 2025 Record-Breaking Sales (DSF) -
  • Haval H9 2026 Launch (CarNewsChina) -
  • Great Wall Motors Wikipedia -
  • Haval Brand Wikipedia -
  • Hong Kong Stock Exchange (2333.HK) -
  • ANCAP Safety Ratings -
  • GWM Global Official Website -
  • Haval Official Website -

Competitors to Haval

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
GWMGWMSister Brand
Great Wall Motors
China
1984
Mass marketGlobalAll Genders
DenzaDenza
Byd
China
2010
PremiumAsia pacificAll Genders
Geely CarsGeely Cars
Geely
China
1997
Mass marketChinaAll-ages
JaecooJaecoo
Chery Automobile
China
2023
Mass marketGlobalAll Genders
Leapmotor CarsLeapmotor Cars
Leapmotor
China
2015
Mass marketGlobalAll-ages
MG MotorMG Motor
Saic Motor
China
1924
Mass marketGlobalAll Genders

Learn More About Competitors

GWMAutomotive

GWM

Owned by Great Wall Motor Company Limited

Chinese automotive brand specializing in SUVs and pickup trucks, owned by Great Wall Motors and sold in over 60 countries.

suvpickup-trucksautomobiles
DenzaAutomotive

Denza

Owned by BYD Company Limited

Chinese premium electric vehicle brand owned by BYD, producing luxury EVs including the D9 MPV and N9 SUV.

electric-vehiclesevsautomobiles
Geely CarsAutomotive

Geely Cars

Owned by Geely Automobile Holdings

Chinese passenger vehicle brand operated by Geely Automobile Holdings (HK: 0175), producing sedans, SUVs, and MPVs for domestic and international markets.

automobilespassenger-vehiclessedans
JaecooAutomotive

Jaecoo

Owned by Chery Automobile Co., Ltd.

Chinese automotive brand established in 2023 by Chery Automobile, focusing on SUVs for export markets outside China.

automotivesuvchinese
Leapmotor CarsAutomotive

Leapmotor Cars

Owned by Leapmotor

Chinese electric vehicle brand founded in 2015 by Zhu Jiangming in Hangzhou. Leapmotor posted its first annual profit in 2025 with revenue of CNY 64.7 billion and deliveries of 596,555 vehicles. Stellantis holds a 20% stake.

electric-vehiclesevautomobiles
MG MotorAutomotive

MG Motor

Owned by SAIC Motor Corporation Limited

British-origin automotive brand owned by China's SAIC Motor, producing affordable cars, SUVs, and electric vehicles for over 170 countries. Founded in 1924 as Morris Garages.

automotivecarssuv

Competitive Analysis

Market Positioning: Haval competes with 6 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Haval

Looking for brands with different ownership structures? These similar brands are not owned by Great Wall Motor Company Limited, giving you alternative choices that support different corporate structures.

HyundaiAutomotive

Hyundai

Owned by Hyundai Motor Group

South Korean automobile manufacturer known for its value proposition, quality improvements, and stylish designs in the global automotive market.

korean-carvalue-brandglobal-automaker
Privately Owned

Hyundai is privately owned, unlike Haval which is under a publicly traded parent company.

Interstate BatteriesAutomotive

Interstate Batteries

Owned by Interstate Battery System of America

American battery distributor founded in 1952, specializing in automotive, commercial, and consumer batteries, headquartered in Dallas, Texas.

batteriesautomotive-batterieslead-acid-batteries
Privately Owned

Interstate Batteries is privately owned, unlike Haval which is under a publicly traded parent company.

KiaAutomotive

Kia

Owned by Hyundai Motor Group

South Korean automobile manufacturer known for sporty design and value positioning, part of Hyundai Motor Group.

korean-carvalue-brandsporty-design
Privately Owned

Kia is privately owned, unlike Haval which is under a publicly traded parent company.

Ironman TiresAutomotive

Ironman Tires

Owned by Hercules Tire and Rubber Company

Budget tire brand owned by Hercules Tire and Rubber Company, a subsidiary of American Tire Distributors, offering affordable tires for passenger vehicles, light trucks, and commercial vehicles.

tiresbudget-tiresautomotive
Privately Owned

Ironman Tires is privately owned, unlike Haval which is under a publicly traded parent company.

JaecooAutomotive

Jaecoo

Owned by Chery Automobile Co., Ltd.

Chinese automotive brand established in 2023 by Chery Automobile, focusing on SUVs for export markets outside China.

automotivesuvchinese
State-Owned

Jaecoo is owned by Chery Automobile Co., Ltd., a state owned company, a different structure than Haval's parent.

MG MotorAutomotive

MG Motor

Owned by SAIC Motor Corporation Limited

British-origin automotive brand owned by China's SAIC Motor, producing affordable cars, SUVs, and electric vehicles for over 170 countries. Founded in 1924 as Morris Garages.

automotivecarssuv
State-Owned

MG Motor is owned by SAIC Motor Corporation Limited, a state owned company, a different structure than Haval's parent.

Great Wall Motor Company Limited Stock Information

Jobs at Great Wall Motor Company Limited

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Last reviewed: August 1, 2026 · Reviewed by Who Brands Editorial Team