Mercedes-Benz Iracemápolis plant (Brazil)
2021
Why
Local production for Latin America.
Impact
Began building Haval H6 hybrids for Brazil in 2025.
Outcome
GWM announced a second Brazilian plant in Espírito Santo in 2026.
Haval
Automotive ManufacturingFounded 2013- HQ today: Baoding, Hebei, China
Reviewed by Swet Parvadiya
Company data updated: October 2026
Acquisitions
Haval Acquisitions
3
Major Deals Covered
What are Haval's biggest acquisitions?
This page covers 3 major deals from 2020 to 2021, each with its price where disclosed and the reason behind it.
- Major deals covered
- 3
- First deal
- 2020
- Most recent
- 2021
| Company | Year | Price | Purpose |
|---|---|---|---|
| General Motors Rayong plant (Thailand) | 2020 | Undisclosed | Right-hand-drive production hub for ASEAN and Australia. |
| Mercedes-Benz Iracemápolis plant (Brazil) | 2021 | Undisclosed | Local production for Latin America. |
| General Motors Talegaon plant (India asset purchase) | 2020 | Undisclosed | Acquired manufacturing facility in Talegaon, Maharashtra from General Motors to establish localized Haval vehicle assembly in South Asia. |
- What companies has Haval bought?
- Major acquisitions by Haval documented here include Mercedes-Benz Iracemápolis plant (Brazil) (2021), General Motors Rayong plant (Thailand) (2020) and General Motors Talegaon plant (India asset purchase) (2020).
- What is Haval's most recent acquisition?
- The most recent Haval acquisition documented here is Mercedes-Benz Iracemápolis plant (Brazil), in 2021.
General Motors Rayong plant (Thailand)
2020
Why
Right-hand-drive production hub for ASEAN and Australia.
Impact
Builds Haval H6 and Jolion hybrids for regional markets.
Outcome
Completed in 2021; GWM's main Southeast Asian plant.
General Motors Talegaon plant (India asset purchase)
2020
Why
Acquired manufacturing facility in Talegaon, Maharashtra from General Motors to establish localized Haval vehicle assembly in South Asia.
Impact
Targeted local right-hand drive manufacturing and component production.
Outcome
Asset purchase agreement signed in January 2020 as part of GWM's global manufacturing acquisitions.
Haval's Growth & Acquisition Strategy
Haval faces strong competition at home, especially from electric vehicle makers such as BYD, so it is moving to new energy vehicles and to exports. It is launching plug-in hybrid versions of its most popular models, such as the H6, because demand for petrol SUVs in China is falling. It is also expanding abroad, with a focus on Australia, South Africa and South America, to offset the price war in China.
How Haval Makes Money
Haval builds only SUVs, which keeps its R&D and manufacturing costs lower than those of automakers with full ranges. Its offer is value: a Haval SUV comes with large screens, leather seats and advanced safety sensors of the kind found in European premium SUVs, at a much lower price than foreign joint-venture brands.
Haval Acquisitions FAQ
What is Haval's approach to global asset and manufacturing facility acquisitions?
Haval and parent company Great Wall Motor expand through strategic acquisitions of established overseas automotive manufacturing assembly plants from legacy automakers, rapidly acquiring localized production capacity in key international markets.
Why did GWM acquire General Motors' Rayong manufacturing plant in Thailand in 2020?
GWM agreed in 2020 to buy GM's Rayong plant in Thailand and took over in 2021, turning it into its right-hand-drive production base for Haval hybrids sold in Southeast Asia and Australia.
What was the strategic objective of acquiring Mercedes-Benz's Iracemápolis plant in Brazil in 2021?
GWM bought Mercedes-Benz's Iracemápolis plant in São Paulo state in 2021 and began building Haval H6 hybrids there in 2025. In February 2026 it announced a second Brazilian plant in Espírito Santo.
How does Haval integrate in-house technology developed by GWM subsidiaries like SVOLT and HYCET?
Rather than acquiring external parts vendors, GWM incubated specialized internal subsidiaries: SVOLT (innovating cobalt-free and short-blade lithium batteries) and HYCET (hybrid transaxles), integrating proprietary powertrain components directly into Haval SUVs.
How does Haval utilize joint venture partnerships with international technology suppliers?
Haval partners with world-leading Tier-1 automotive suppliers (such as Bosch for ABS/ESP braking stability, BorgWarner for all-wheel-drive transfer cases, and Continental for radar sensors), co-developing customized chassis and safety modules.
How did GWM's acquisition of European R&D and design studios enhance Haval styling?
GWM established and acquired specialized automotive design and R&D centers in Munich, Germany, and Yokohama, Japan, embedding international automotive engineers into Haval's advanced vehicle concept development.
What criteria does Haval prioritize when evaluating international manufacturing expansions?
Haval evaluates target regions based on domestic market vehicle demand, favorable government new energy investment incentives, access to deepwater export shipping ports, and free-trade agreements with neighboring automotive markets.
How does Haval leverage Spotlight Automotive, GWM's joint venture with BMW Group?
GWM's Spotlight Automotive 50/50 joint venture with BMW Group in Jiangsu provides shared manufacturing insights, high-precision quality control methodologies, and EV platform engineering knowledge that cross-pollinates into Haval's vehicle engineering.
Does Haval buy other car companies?
As a brand, Haval doesn't execute acquisitions. However, their parent company (GWM) aggressively buys massive global infrastructure to support Haval's exports. When massive Western automakers retreated from global markets, GWM brilliantly bought General Motors' abandoned factories in Thailand and India, and Mercedes-Benz's factory in Brazil, instantly securing global manufacturing hubs.
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