Newsletter registration

By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Where Your Profits Grow Sky High.

Great Wall Motors develops electric drives for China

Great Wall Motors showroom © Great Wall Motors

The Austrian GWM subsidiary is now developing complete electric drives in Austria i.e. electric engines, an inverter and transmissions for use in future electric-powered cars in China. At present the electric drives are being developed for an e-powered pickup and a hybrid drive system.

"Austria is located in the heart of Europe and has a long tradition as a country for automobile suppliers. For us it is easier than for our Chinese colleagues to get into contact with partner companies in Germany, Italy, Slovenia etc. and work together with them. We have very good engineers here and as a country we cultivate very good ties to China. Moreover, we have very high educational standards in Austria, and top universities and universities of applied sciences in our field in the immediate vicinity", explains Markus Schermann, CEO of the Austrian GWM subsidiary in an interview for Trending Topics, justifying the decision in favour of the Austrian business location.

Read more:

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin



Meet us at events, seminars and trade shows - worldwide.

  • Üzlet Ausztriában konzultációs nap

    18.09.2019 / 14:00 - 17:00, Debrecen, Hungary

Austria Map

Find the perfect location for your company

The "mental closeness" of Austria to its neighbours is an important advantage for establishing new business contacts.

Ericsson Austria

More testimonials

news from the business location Austria

Pfizer builds international quality control centre in Austria

A total of EUR 50 million is being invested in the construction of a new laboratory for an international quality control centre for vaccines, as well as the construction of modern office space and the modernisation and expansion of the existing infrastructure for vaccine production.

Austrian SMEs Implement Measures to Curb Climate Change

Drought, storms, floods and mass immigration: climate change is real, and its consequences will pose massive challenges to society, political decision makers and the economy. This text focuses on how Austrian SMEs face the effects of climate change and why the changes also open up economic opportunities.

More news All blog posts