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    Home»Electric Vehicles»GWM sees slight May sales drop while overseas volume surges over 47%
    Electric Vehicles

    GWM sees slight May sales drop while overseas volume surges over 47%

    kirklandc008@gmail.comBy kirklandc008@gmail.comJune 1, 2026No Comments6 Mins Read
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    A GWM Tank 700 Hi4-Z on display at the Beijing Auto Show in April 2026.
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    A GWM Tank 700 Hi4-Z on display at the Beijing Auto Show in April 2026. Credit: CnEVPost

    • GWM’s global sales edged down 1.79% year-on-year to 100,399 vehicles in May, with overseas volume accounting for more than half of the total.
    • GWM sold 30,447 NEVs in May, representing a 6.71% decline from a year earlier.

    GWM (HKEX: 2333) saw a slight decline in overall auto sales in May, though robust demand in overseas markets and growth from its premium brand helped cushion the impact.

    The Chinese automaker sold a total of 100,399 vehicles in May, down 1.79% from a year earlier and 5.56% lower than in April.

    Despite the slightly soft monthly performance, GWM’s overall sales posted growth for the first five months of the year.

    Between January and May, GWM’s cumulative sales reached 475,815 vehicles, achieving a 3.64% year-on-year increase.

    GWM Monthly Sales 2024-2026

    Month
    2024
    2025
    2026

    January
    104,030
    80,933
    90,312

    February
    71,027
    77,883
    72,594

    March
    100,276
    97,991
    106,198

    April
    94,796
    100,061
    106,312

    May
    91,460
    102,231
    100,399

    June
    98,080
    110,690

    July
    91,285
    104,372

    August
    94,461
    115,558

    September
    108,398
    133,639

    October
    116,799
    143,078

    November
    127,394
    133,216

    December
    135,286
    124,020

    GWM monthly sales



    2024



    2025



    2026

    In the new energy vehicles (NEVs) segment, GWM delivered mixed results in May.

    The company sold 30,447 NEVs in May. While this figure dropped 6.71% year-on-year, it represented a 13.19% month-on-month rebound from April.

    Looking at the cumulative data for the first five months, GWM sold 109,975 NEVs, down 11.32% from the same period last year.

    GWM Monthly NEV Sales 2024-2026

    Month
    2024
    2025
    2026

    January
    25,030
    22,263
    18,029

    February
    12,270
    15,121
    12,744

    March
    21,882
    25,174
    21,857

    April
    22,436
    28,813
    26,898

    May
    24,649
    32,638
    30,447

    June
    26,107
    36,405

    July
    24,145
    34,593

    August
    24,844
    37,495

    September
    30,129
    45,961

    October
    32,039
    46,155

    November
    35,999
    40,113

    December
    42,265
    38,922

    GWM monthly NEV sales



    2024



    2025



    2026

    Overseas markets continue to be GWM’s most crucial growth engine. In May, its overseas sales accounted for more than half of the total volume.

    GWM sold 50,688 vehicles overseas in May, achieving a 46.77% year-on-year surge and a slight 0.42% increase from the previous month.

    During the January-May period, the company’s cumulative overseas sales reached 231,258 vehicles, jumping 46.75% compared to a year ago.

    GWM Monthly Overseas Sales 2024-2026

    Month
    2024
    2025
    2026

    January
    26,374
    28,016
    40,278

    February
    30,589
    31,068
    42,675

    March
    35,815
    31,806
    47,142

    April
    36,141
    32,165
    50,475

    May
    34,477
    34,535
    50,688

    June
    38,104
    40,068

    July
    38,185
    41,088

    August
    40,454
    45,166

    September
    44,105
    50,269

    October
    44,418
    57,158

    November
    43,186
    57,309

    December
    41,293
    57,418

    GWM monthly overseas sales



    2024



    2025



    2026

    In May, GWM sold 49,711 vehicles in the Chinese domestic market, a 26.57% year-on-year decline and a 10.97% decrease from April.

    From January through May, the company sold 244,557 vehicles in the Chinese domestic market, a 18.89% year-on-year decline.

    GWM Monthly Domestic Sales in China 2024-2026

    Month
    2024
    2025
    2026

    January
    77,656
    52,917
    50,034

    February
    40,438
    46,815
    29,919

    March
    64,461
    66,185
    59,056

    April
    58,655
    67,896
    55,837

    May
    56,983
    67,696
    49,711

    June
    59,976
    70,622

    July
    53,100
    63,284

    August
    54,007
    70,392

    September
    64,293
    83,370

    October
    72,381
    85,920

    November
    84,208
    75,907

    December
    93,993
    66,602

    GWM monthly domestic sales in China



    2024



    2025



    2026

    Looking at specific brands, the core Haval brand remained the absolute main driver of sales, though it faced some downward pressure in May.

    The Haval brand sold 55,478 vehicles in May, down 3.84% year-on-year and 8.04% lower than the previous month.

    However, Haval’s cumulative sales for the first five months reached 267,002 vehicles, maintaining a 3.08% year-on-year growth.

    GWM Haval Monthly Sales 2024-2026

    Month
    2024
    2025
    2026

    January
    59,103
    48,557
    50,513

    February
    44,731
    43,301
    43,660

    March
    54,055
    52,732
    57,021

    April
    47,054
    56,748
    60,330

    May
    47,066
    57,693
    55,478

    June
    47,729
    62,396

    July
    52,944
    56,221

    August
    56,166
    68,912

    September
    62,900
    81,923

    October
    72,675
    88,235

    November
    78,386
    75,383

    December
    83,425
    66,453

    GWM Haval monthly sales



    2024



    2025



    2026

    The Tank brand, which focuses on the off-road market, sold 17,067 vehicles in May, sliding 18.34% year-on-year but edging up 0.30% from the previous month.

    Cumulative sales for the Tank brand in the first five months stood at 76,940 vehicles. This was 6.27% lower than the same period last year.

    GWM Tank Monthly Sales 2024-2026

    Month
    2024
    2025
    2026

    January
    20,067
    12,845
    14,505

    February
    10,164
    11,762
    10,036

    March
    18,953
    17,381
    18,316

    April
    20,469
    19,201
    17,016

    May
    20,326
    20,900
    17,067

    June
    26,059
    21,571

    July
    18,682
    20,020

    August
    16,350
    20,022

    September
    18,740
    21,441

    October
    19,123
    22,306

    November
    20,189
    24,135

    December
    21,879
    21,129

    GWM Tank monthly sales



    2024



    2025



    2026

    In contrast, the premium Wey brand emerged as a major bright spot in the May sales report, showing strong upward momentum.

    The Wey brand sold 8,119 vehicles in May, jumping 31.78% year-on-year and increasing 1.93% from the previous month.

    During the January-May period, cumulative sales for the Wey brand reached 37,323 vehicles, achieving a massive 53.61% year-on-year surge.

    GWM Wey Monthly Sales 2024-2026

    Month
    2024
    2025
    2026

    January
    3,351
    5,007
    7,873

    February
    2,649
    3,643
    5,615

    March
    3,608
    4,675
    7,751

    April
    4,458
    4,811
    7,965

    May
    2,862
    6,161
    8,119

    June
    2,939
    10,197

    July
    2,765
    10,045

    August
    3,001
    8,028

    September
    6,755
    11,026

    October
    6,486
    12,699

    November
    7,046
    12,763

    December
    8,808
    12,899

    GWM Wey monthly sales



    2024



    2025



    2026

    The robust performance of the Wey brand is partly due to GWM’s recent aggressive push into the premium NEV market.

    On May 18, GWM officially launched its latest flagship model, the Wey V9X, an SUV positioned as an AI-powered luxury six-seater flagship.

    The new vehicle has a starting price of 349,800 yuan ($51,705) and is equipped with GWM’s Hi4 powertrain system, aiming to capture premium market share.

    The Wey V9X is the first mass-produced vehicle on GWM’s new Global One S platform, featuring an 800-volt high-voltage electrical architecture and a CLTC pure electric range of up to 470 kilometers.

    Additionally, GWM pickups sold 13,628 vehicles in May, down 12.13% year-on-year and 20.12% lower than the previous month.

    Cumulative sales for GWM pickups in the first five months of the year were 78,500 vehicles, down 5.44% from a year earlier.

    GWM Pickup Truck Monthly Sales 2024-2026

    Month
    2024
    2025
    2026

    January
    15,466
    12,321
    15,350

    February
    10,460
    17,263
    12,011

    March
    17,569
    20,421
    20,450

    April
    18,069
    17,500
    17,061

    May
    15,101
    15,510
    13,628

    June
    15,251
    13,213

    July
    12,028
    13,772

    August
    13,718
    13,322

    September
    14,456
    12,901

    October
    12,888
    14,088

    November
    15,853
    16,011

    December
    16,241
    15,338

    GWM pickup truck monthly sales



    2024



    2025



    2026

    ($1 = 6.7653 yuan)

    drop GWM overseas sales sees slight surges volume
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