Haval (Havale)

Haweil Motor Rus LLC is a company in Russia. Organized on February 6, 2014. The founder is a limited liability company, Tayd technology and Trade (Hong Kong).

The main activity is car trading.

Performance indicators

2023

Profit growth 26 times to 7.5 billion rubles

The revenue of OOO Haweil Motor Rus (the Russian division of the Chinese automaker Great Wall) in 2023 reached 323 billion rubles, which is four times more than the previous year earlier. The company's net profit grew even more - 26 times and amounted to 7.5 billion rubles. This is stated in the financial statements, which were published in April 2024.

According to Interfax, citing the company's materials, the cost of sales of Haweil Motor Rus LLC has grown almost 4 times since 2023, to 297.9 billion rubles. Gross profit exceeded 25 billion rubles (an increase of 6.4 times).

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Haval

The company's commercial expenses in 2023 amounted to 14 billion rubles, which is 3.6 times more than in the previous year. The total debt of the Russian subsidiary as of the end of December 2023 amounted to 87.9 billion rubles, an increase of 9 times on an annualized basis. In particular, accounts payable increased 11 times, to 84.1 billion rubles.

According to Avtostat estimates, based on the data of JSC PPK (a joint venture of the agency and the EPTS operator), in 2023 111,720 new cars of the Haval brand were sold in the Russian Federation, which secured it third place in the ranking of the most popular car brands on the Russian market. Haval's share in 2023 was 10.55% versus 5.45% a year earlier. The first line in 2023 was retained by LADA (324,446 cars sold).

The most popular Haval model in Russia is the Jolion crossover, which sold 55.6 thousand copies in 2023. The machine is produced on a full cycle at the Tula Haval automobile plant. It also produces the F7 and F7x crossovers, Dargo and the H9 frame SUV.^[1]

Growth in car production by 2.5 times to 100 thousand units

The Russian Haval plant in 2023 increased car production by 2.5 times compared to 2022 - to almost 100 thousand units. Such data in the company led in mid-January 2024.

According to the Avtostat agency, citing materials from the press service of the Haweil Motor Rus company, more than half of the production at the Russian plant of the company fell on the Haval Jolion crossover. Another third of the release was occupied by F-series cars - the Haval F7 crossover and the F7x cross-coupe. This is followed by the mid-size crossover Haval Dargo and the H9 frame SUV.

Haval plant in Russia

The press service of the company explained the increase in production volumes by the growth of market demand for brand cars in Russia.

By the end of 2023, the level of localization of Haval cars in Russia was about 30%, the company expects to increase this figure. The authorities of the Tula region promise to help the enterprise with both subsidies and benefits and the search for partners to localize components.

It is expected that the assembly of engines for Haval cars near Tula will be launched towards the end of 2024, and crossovers of the Russian assembly will be equipped with these engines. In addition to engines, Haval expects to master the production of gearboxes in Russia, as well as various electronic components.

In Russia, Haval, according to the results of sales for 2023, took first place among Chinese car manufacturers, selling 118,826 cars in the country. The most popular Chinese car was the Haval Jolion - it sold 58,229 copies.

Haval notes that sales growth is associated with a significant expansion of the lineup in the Russian market, as well as an increase in the quality of after-sales service. For example, in 2023, the manufacturer doubled the area of ​ ​ the spare parts warehouse, which significantly reduced the waiting time for the desired part.^[2]

2022: Sales drop in Russia by 14%

In 2022, sales of Haval-branded cars in Russia amounted to 33,642 units, which is 14% less than a year earlier. Such data are given in January 2023 on the website of the Corporation for the Development and Support of the Tula Region. Haval machines are produced by the Chinese Great Wall at a plant near Tula.

It is reported that Haval's share in the Russian car market in 2022 more than doubled, to 7.2%. In December 2022, 4629 Haval cars were sold in Russia - 6% more than a year earlier.

By the end of 2022, the Haval dealership network in the country included 121 centers. In 2022, 11 new dealerships opened. Salons are presented in all regions of the country. During the year, they all received updates according to new corporate standards.

Haval F7x

The most popular Haval model in Russia was again the compact Haval Jolion crossover: 17,112 such cars were sold - 73% more than a year earlier. This car also ranked sixth in the ranking of the most popular models on the Russian market, according to the Association of European Businesses in Russia (AEB).

The past [2022] year was a serious challenge. We managed to adapt production and business processes to new conditions. As a result, we reached the planned sales figures, - the words of Haval Executive Director in Russia Andrei Akifiev are quoted in the message.

In 2022, the Chinese manufacturer updated the F-series: new versions of the Haval F7 and the Haval F7x cross-coupe were introduced at the beginning of the year. In June 2022, the Haval Dargo crossover was launched.

It is also noted that in 2022 Haval was able to increase the availability of spare parts to 95%, as well as increase turnover by more than half compared to 2021. As a result, the level of customer satisfaction since the beginning of the year increased by 1.3 percentage points and reached 94.5%.^[3]

History

2024

Completion of Engine Plant Construction

In early March 2024, Haval announced the completion of construction of an engine production plant in the Tula region. The company was created from 2021.

On March 4, 2024, the Chinese Cars portal, with reference to the head of external relations of the Haweil Motor Manufacturing Rus enterprise in the Tula region, Ivan Dushkin, said that the Haval motor plant was in full readiness and would begin work in the near future. It will operate under the same roof as the other Hawale Motor Manufacturing Rus workshops.

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It is assumed that the new plant will provide 90% of Haval cars in the Russian market. Engines with a volume of 1.5 liters and 2 liters will be launched into production. According to Dushkin, it is planned to produce about 100 thousand engines per year at the factory. He added that the plant will priority the unit of a smaller litrage, as it is used by the best-selling product of the brand - Haval Jolion. By early March 2024, at the Haval plant near Tula, the Jolion, F7, F7x and Dargo crossovers, as well as the H9 SUV, were assembled.

As Ivan Dushkin noted, in preparation for the launch of engine production in Russia, the company worked hard to re-equip the auto assembly enterprise, and the greatest activity occurred from the end of 2023 to the end of January 2024.

During this short period, the plant underwent a large modernization. 110 new welding robots appeared in the welding workshop alone. From now on, the total number of robots at the plant is 251. Thus, we reduced the clock time from 182 to 90 seconds, that is, the line now travels faster by 2 times, - said the head of external relations of the Haweil Motor Manufacturing Rus enterprise in the Tula region, also adding that industrial robots of leading manufacturers are installed at the enterprise.[4]

Recall of 32.2 thousand cars in Russia due to electrical problems

Haval recalls about 32.2 thousand cars in Russia due to alleged electrical problems. This was announced by the Federal Agency for Technical Regulation and Metrology (Rosstandart) on January 29, 2024. Read more here.

2023: Popular Chinese cars in Russia can be stolen by a code that can be obtained from a dealer or bought on AliExpress

In mid-July 2023, it became known that Chinese-made cars popular in Russia can be stolen by a code that can be obtained from a dealer or purchased on AliExpress. Read more here.

2020

Engine assembly start-up plan on the territory of SEZ "Uzlovaya"

In November 2020, it became known that a new production will be opened at the site of the first in Russia automobile plant of the Chinese brand Haval on the territory of the Uzlovaya SEZ. It will be a plant where car engines will begin to be assembled. While they are imported from abroad.

Investing 42.4 billion rubles in localization of production in Russia

At the end of September 2020, Haval and the Ministry of Industry and Trade of the Russian Federation (Ministry of Industry and Trade) signed a special investment contract (SPIC), under which the Chinese company pledged to invest 42.4 billion rubles in localizing production in Russia.

Haval intends to manufacture engines, gearboxes, electronic units and systems at Russian enterprises. By the end of September 2020, the company completed the design of a new engine plant. It is planned to be built by the end of 2022 on the territory of the company's existing enterprise in the Tula region.

It is assumed that the new plant will provide engines for more than 90% of the Chinese brand cars assembled in Russia. In addition, the launch of the complex will give the region an additional 300 jobs, according to the Ministry of Industry and Trade.

Haval invests 42.4 billion rubles in localizing production in Russia 42.4 billion rubles in localizing production in Russia

The total point assessment of obligations to master technologies within the framework of the SPIC implementation is more than 7 thousand points, being the highest in the industry, the Ministry of Industry and Trade said in a statement.

A high level of localization increases the competitiveness of the Chinese manufacturer in the Russian market, - said the Minister of Industry and Trade of Russia Denis Manturov.

Haval President in Russia Zhang Junxue called the signing of the SPIC a strategic step for long-term development in Russia and announced further investments.

By the end of September 2020, four brand models are produced there: F7 and F7x crossovers, as well as H5 and H9 frame SUVs. The production capacity of the plant at the first stage is 80 thousand units per year, the planned production capacity is 150 thousand units per year.^[5]

2019: Start of work of the plant in the park "Uzlovaya" in the Tula region

The Russian Haval full-cycle plant began work in June 2019 on the territory of the Uzlovaya industrial park in the Tula region.

Notes