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Automakers

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

Great Wall Ora O3
The Ora O3 is Great Wall's bestseller in Europe. (GREAT WALL)
NG
By:
Nick Gibbs
May 29, 2024 09:19 PM

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

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