Bangkok, 15 January 2024 – Great Wall Motor (GWM) unveils its annual sales success in Thailand for 2023, reaching a total of 12,840 units, marking a 10% growth compared to the previous year, 2022. The three most popular models, with the highest reservations from Thai drivers, are the ORA Good Cat, HAVAL JOLION, and HAVAL H6, respectively. This underscores the trust that Thai consumers place in New Energy vehicles. GWM remains dedicated to advancing the electric vehicle Ecosystem in Thailand, exemplified by the introduction of four models within a single year, achieving Mission 9 in 3, the successful launch of nine electric vehicle models in three years. In 2023, GWM achieved remarkable success in electric car sales in Thailand, driven by the popular ORA Good Cat and ORA Good Cat GT models, with a combined total of 6,032 units. Following closely, the HAVAL JOLION, a cheerful lion-inspired model, reached 3,199 units, while the popular compact SUV, HAVAL H6, achieved 2,903 units in sales. Moreover, the premium SUVs, All New GWM TANK 500 HEV and All New GWM TANK 300 HEV, were delivered 296 and 292 units, respectively. The high-performance electric sports coupe, ORA 07, showcased at the 40th Motor Expo 2023 in November, also had 118 units delivered. The cumulative sales for the year amounted to 12,840 units, marking a significant 10% growth from 2022. Throughout 2023, GWM introduced four new electric vehicle models, commencing with the HAVAL JOLION Sport in July, followed by two models from the TANK series, All New GWM TANK 500 HEV and All New GWM TANK 300 HEV, and concluding with the ORA 07. GWM successfully achieved its "Mission 9 in 3" goal, launching a total of nine electric vehicle models within three years. These accomplishments underscore GWM's commitment to providing a diverse range of electric vehicles to Thai consumers, aligning with the sustainable growth of the electric car market in Thailand. As of the end of 2023, GWM has delivered a total of 28,158 electric cars to Thai families since entering the market. This includes 9,679 units of HAVAL H6, 6,953 units of HAVAL JOLION, 10,820 units of ORA Good Cat and ORA Good Cat GT, 118 units of ORA 07, 296 units of GWM TANK 500, and 292 units of GWM TANK 300. In addition, 2023 marked another year of an overwhelming response from Thai fans for GWM. Notably, the success at the 40th Motor Expo 2023 saw an accumulated booking of 3,524 units, marking the highest bookings in the company's history of showcasing in the national auto show event since its entry into Thailand. Furthermore, at the 44th Bangkok International Motor Show (BIMS) or Motor Show 2023, GWM received a total of 3,117 reserved units. Meanwhile, the All New GWM TANK 500 HEV garnered over 1,000 pre-sale reservations within just one week of opening for pre-sale reservations for the first time at the Motor Show 2023. Mr. Narong Sritalayon, Managing Director of Great Wall Motor (Thailand) said that “Great Wall Motor (GWM) would like to express our sincere gratitude for the unwavering trust that Thai consumers have bestowed upon us since our initial entry into the Thai market in 2021. In 2023, our overall annual sales in Thailand increased by 10% compared to 2022, showcasing the growing acceptance of electric vehicles among Thai drivers. Moreover, 2023 was a year of significant achievement as we successfully accomplished Mission 9 in 3 by introducing the ORA 07, an all-electric car, under our ORA product lineup. Additionally, we have actively engaged in various initiatives to contribute to the development of Thailand's electric vehicle ecosystem on a global scale. This includes collaborations with partners across the country to advance the electric mobility business with both public and private entities. We partnered with the Tourism Authority of Thailand (TAT) to organize eco-friendly electric car caravan activities, participated in major national and regional events to showcase our vision for new energy vehicles, and, in 2024, we remain committed to developing and creating high-quality products with cutting-edge technology. We are dedicated to delivering a unique driving experience, and on 12 January 2024, we officially launched the local production of the New GWM ORA Good Cat in Thailand. This serves as a New Year's gift to Thai drivers, reflecting our commitment to providing innovative electric vehicles and solidifying our position as a leader in the Thai electric car market.” As one of xEV Leaders and a Global Intelligent Technology Company, GWM remains dedicated to developing products and services packed with cutting-edge technology, safety, and eco-friendly features. We are committed to continuously enhancing Thailand's electric vehicle ecosystem to align with global standards. Collaborating with various sectors, we aim to deliver distinctive driving experiences while prioritizing customer experiences with our user-centric approach.

Bangkok – 21 December 2023 - SVOLT Energy Technology Co., Ltd., an innovative high-tech company specializing in global power batteries and energy storage systems headquartered in Changzhou, China, joins hands with Banpu NEXT, a leading smart energy solutions provider in Asia-Pacific, held a ceremony to celebrate its first battery pack product from the SVOLT Energy Module Pack Factory in Sriracha, Chonburi. This marks the success of SVOLT after entering Thailand and underscores the groundbreaking ceremony highlighting the effort to set up the local production base, emphasizing its commitment to driving the electric vehicle industry in Thailand and the Southeast Asia region. During the ceremony, Mr. Zhang Feng, Senior Vice President and CEO of SVOLT Asia Pacific Region, Mr. Sinon Vongkusolkit, CEO of Banpu NEXT, Mr. Greg Li, Vice President of ASEAN Manufacturing, Mr. Khanchit Chaisupho, Vice President of Government Affairs, GWM (Thailand), Mr. Bao Zhuangfei, General Manager of Hozon Motor Thailand Sales Co., Ltd., and Mr. Chen Lei, General Manager of SVOLT Thailand, were present to celebrate this milestone. The first product to come off the production line at the SVOLT Energy Module Pack factory is the SVOLT LCPT battery pack. With a power capacity of 60 kWh, this lithium iron phosphate battery pack enables a driving range of over 500 km. It combines SVOLT’s star product technology – the Short Blade L600 cell, and LCTP (Low-Carbon Transition Plan) technology. This product boasts lower production costs, high efficiency, and high energy density, making it exceptionally competitive and an effective solution for mainstream A-segment vehicles in the Thai market. Moreover, SVOLT's first battery pack product from the Thailand factory will be featured in the beloved New GWM ORA Good Cat, set to debut its locally produced version in early 2024. Mr. Zhang Feng, Senior Vice President and CEO of SVOLT Asia Pacific Region, stated, “The launch of the first battery pack product from SVOLT's Thailand factory is a significant milestone in SVOLT's development in the Southeast Asian market. Following the mass production of EV battery packs starting next February, we will continue to focus on our comprehensive energy storage production line and expand our light power and energy storage business in Southeast Asia. Our goal is to deliver high-quality lithium battery products to customers in the region. SVOLT remains committed to ensuring both quality and quantity, providing our customers with a worry-free and optimal experience in operations and maintenance (O&M) as well as various after-sales services.” Mr. Sinon Vongkusolkit, CEO of Banpu Next, stated, “Partnering with SVOLT is another significant move in emphasizing our commitment to establishing a comprehensive industrial network for the lithium battery industry. This battery pack represents our inaugural product following the opening of the factory. We firmly believe that, through our collective efforts, unprecedented success will be achieved in the upcoming stages of production and supply.” The SVOLT Thailand factory is a collaborative effort between SVOLT Energy Technology Co., Ltd., and Banpu NEXT, a subsidiary of Banpu Public Company Limited, the international leading energy company. The focus is on supporting various electric vehicle battery formats, including hybrid electric vehicles (HEV), plug-in hybrid electric vehicles (PHEV), and battery electric vehicles (BEV) for both two-wheel and three-wheel vehicles, as well as engaging in energy storage and battery recycling businesses. Since initiating the battery pack project in July, the project team has remained steadfast in overcoming various challenges, from factory renovation to product launch in just 5 months. The successful introduction of the first battery pack marks a significant milestone in the ongoing partnership between the two companies. In the future, they plan to further expand into the markets of Thailand and Southeast Asia, contributing to the energy transition in the region with low-carbon and efficient new energy products.