Who Owns Haval?

• Parent Company: Great Wall Motors
• Ownership Type: Wholly owned
• Company Type: Publicly Traded
• Stock Ticker: HKEX: 2333

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

• Founded: 1984
• Headquarters: Baoding, Hebei, China
• Company Type: Publicly Traded
• Stock: HKEX: 2333
• Revenue: approximately CNY 176.3 billion (FY2024)
• Employees: Approximately 70,000

Visit Great Wall Motors website

• Headquarters: Baoding, Hebei Province, China
• Manufacturing / Operations: China, Russia, India, Thailand

Haval operates under Great Wall Motors' comprehensive sustainability framework, which includes ambitious environmental targets and electrification initiatives across the SUV and crossover segment. As Great Wall Motors' dedicated SUV brand, Haval's sustainability efforts focus on electric vehicle development, carbon reduction, and responsible manufacturing processes.

Environmental Sustainability and Climate Action: Great Wall Motors has established specific climate targets that apply across all group brands including Haval. In 2024, Great Wall Motor reported total carbon emissions of approximately 1.15 billion kg CO2e, comprising about 152 million kg CO2e from Scope 1 and approximately 997 million kg CO2e from Scope 2 emissions. This represents a slight decrease from 2023 levels of approximately 1.17 billion kg CO2e. The company aims to decrease carbon emission intensity in the vehicle production phase by 16% compared to 2020 levels through process optimisation, equipment upgrades, and the introduction of green energy, with a target completion date set for 2024.

Electrification and New Energy Vehicles: Haval has significantly expanded its electric and hybrid vehicle offerings as part of Great Wall Motors' broader electrification strategy. The brand now offers hybrid and plug-in hybrid (PHEV) variants across its core model lineup, including the Haval H6 HEV, Haval H6 PHEV, and Haval Dragon PHEV. These vehicles represent Haval's commitment to new energy technologies and alignment with both Chinese government mandates and global consumer trends toward lower-emission vehicles. The 2026 Haval Raptor PHEV and Haval Dragon PHEV demonstrate the brand's continued investment in electrification technology.

Sustainable Manufacturing and Supply Chain: Great Wall Motors operates manufacturing facilities in Baoding and Tianjin, China, with additional production through overseas plants in Thailand and other markets to serve international customers. The company has implemented environmental management systems and sustainable manufacturing processes to reduce the environmental impact of vehicle production. Great Wall Motors has actively taken steps to reduce emissions in production processes, with a total reduction of 209,120 tonnes of CO2 equivalents reported for a recent period.

Supply Chain Ethics and Labor Practices: Great Wall Motors maintains comprehensive labor policies and supply chain management systems that extend to Haval operations. The company implements social responsibility programs across its manufacturing facilities and supplier relationships. Great Wall Motors has established supplier codes of conduct and regular auditing processes to ensure ethical labor practices and safe working conditions throughout its supply chain network.

Environmental Innovation and Technology: Haval benefits from Great Wall Motors' research and development investments in environmental innovation and automotive technology. The company's commitment to sustainable development emphasizes continuous carbon emission reduction in production processes and the development of more fuel-efficient and electric vehicle technologies. Haval's product strategy has evolved significantly toward electrification, reflecting broader industry trends and regulatory requirements for reduced emissions.

Transparency and Reporting: Great Wall Motor publishes annual sustainability reports and emissions data, though Haval-specific performance metrics are typically consolidated within the parent company's broader reporting framework. The company provides detailed carbon emissions data and climate targets, though it has not disclosed Scope 3 emissions data, which often represents a significant component of total corporate emissions in the automotive industry.

Haval has received significant recognition within the automotive industry, particularly for product quality, safety performance, and market success, establishing itself as one of China's most successful SUV brands with growing international acclaim.

Brazilian Automotive Awards Success: In 2024, Haval achieved remarkable success in Brazil, with GWM Brazil winning 23 awards total. The Haval H6 alone won 12 awards, becoming the most awarded hybrid car in Brazil for the year. The Haval H6 PHEV and Haval H6 HEV specifically won the "Best Hybrid Model Award of 2024" and "Lowest Hybrid Model Cost Award" respectively, demonstrating the brand's excellence in hybrid vehicle technology and value proposition.

ANCAP Safety Rating Achievement: The Haval H7 achieved a significant safety milestone in Australia by receiving a 5-star ANCAP safety rating. While this required a recall to fix a driver's head restraint issue that could dislodge in collisions, the successful resolution and subsequent 5-star rating demonstrates Haval's commitment to meeting international safety standards and its ability to address quality issues promptly.

Market Leadership Recognition: Haval has been recognized for its dominant position in China's SUV market, where it ranked first in SUV sales for nine consecutive years by 2018. This sustained market leadership has been acknowledged by automotive industry analysts and business publications as evidence of the brand's strong competitive position and consumer appeal in the world's largest automotive market.

International Expansion Recognition: Haval's successful international expansion strategy has received attention from automotive industry publications and trade organizations. The brand's ability to establish significant presence in markets including Australia, South Africa, and the Middle East has been noted as a success story for Chinese automotive brands going global.

Quality and Manufacturing Excellence: Haval has received recognition for manufacturing quality and production efficiency, particularly as Great Wall Motors has invested in modern manufacturing facilities and quality control systems. The brand's ability to produce vehicles that meet international quality standards has been acknowledged through various industry assessments and certifications.

Innovation and Technology Awards: Haval's investment in electrification and hybrid technology has received recognition, particularly for the successful development and launch of hybrid and plug-in hybrid variants across its model lineup. The brand's ability to adapt to changing consumer preferences and regulatory requirements for lower-emission vehicles has been noted by automotive technology experts.

Haval has faced several challenges throughout its history, including product safety recalls and quality control issues, though the brand has generally maintained a positive reputation while addressing these challenges proactively.

Haval H7 Safety Recall in Australia: In 2024, Great Wall Motors issued a recall for 571 Haval H7 vehicles in Australia after ANCAP crash-testing discovered that the driver's head restraint could dislodge in a collision. This safety concern prevented the vehicle from achieving the desired 5-star ANCAP safety rating. Great Wall Motors promptly addressed the issue by issuing the recall and implementing fixes to ensure the head restraint remained secure during impacts. Following the successful resolution of this safety issue, the Haval H7 achieved its 5-star ANCAP safety rating, demonstrating the company's commitment to meeting international safety standards and addressing quality concerns promptly.

Quality Control and Manufacturing Challenges: As a rapidly expanding automotive brand, Haval has faced some quality control challenges, particularly in its early international expansion efforts. Some customers in international markets have reported issues with build quality, electronic systems, and component reliability. These quality concerns have required Great Wall Motors to invest in improved manufacturing processes, enhanced quality control systems, and better supplier management to ensure consistent product quality across all markets.

International Market Entry Challenges: Haval has faced challenges entering highly competitive international markets, particularly in Europe where Great Wall Motors announced the closure of its European headquarters by August 2024 due to low sales volumes. In 2023, the company sold only 6,300 vehicles in Europe, representing just 2% of its overseas sales. This market entry challenge reflects the difficulties Chinese automotive brands face in establishing presence in mature automotive markets with established brand loyalties and stringent regulatory requirements.

Consumer Perception and Brand Recognition Issues: Haval has faced challenges with brand recognition and consumer perception in some international markets, where Chinese automotive brands have historically faced skepticism regarding quality and reliability. The brand has had to invest significantly in marketing, warranty programs, and customer service to build trust and overcome negative perceptions about Chinese-made vehicles.

Regulatory Compliance and Certification Challenges: Haval has encountered regulatory compliance issues in various international markets, requiring modifications to meet local safety standards, emissions regulations, and certification requirements. These regulatory challenges have sometimes delayed market entry or required additional investment in vehicle modification and testing processes.

Supply Chain and Component Quality Issues: Like many automotive manufacturers, Haval has faced supply chain challenges that have affected production schedules and component quality. The brand has had to work closely with suppliers to ensure consistent quality of components and manage supply chain disruptions that could impact vehicle production and quality.