Driving worldwide expansion

Great Wall Motor to zoom into India and North America; eyes Belt and Road gains

Chinese automaker Great Wall Motor Co Ltd is gearing up boldly for expansion into India and North America even as the domestic auto market, the world's largest, reels from a sharp slowdown.

Wang Fengying, the company's president, said the carmaker is looking to set up two subsidiaries in India and North America, with annual production capacity of 200,000 vehicles each, to boost its presence in the global auto market.