Great Wall will close Europe office, lay off 100 workers amid EV downturn

Great Wall Ora O3 arc 2024.jpg — The Ora O3 is Great Wall's bestseller in Europe. The automaker will continue to sell cars in Europe but will oversee its operations in the region from China. (GREAT WALL)

May 29, 2024 09:19 PM

Chinese automaker Great Wall Motor said it will close its European headquarters in Munich, citing tough market conditions for electric vehicles and the threat of European tariffs on Chinese imports.

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