Chinese Carmaker Great Wall Motor's New Energy Vehicle Brand ORA Launches New Flagship EV Model R1

BEIJING,Dec. 27,2018 -- Chinese carmaker Great Wall Motorlaunches the second flagship EVmodel under its newNEV brand,ORA,at the RNGe-sports arena in Beijing on December 26,2018. The subsidized price of the new model,ORA R1,ranges from 59,800RMB to 77,800 RMB (USD 8,680 to USD 11,293,per the CNY/USD rate as of Dec. 25,2018). As a newcomer to the newenergyvehicle market,the R1,based on China's first proprietary electric vehicle (EV) platform,ME,revolutionizes China's fuel-to-electricity,low-speed EV market and pioneers the innovations in the EV sector,signaling a new era for the country's new energyvehicle market.

Chinese Carmaker Great Wall Motor's New Energy Vehicle Brand ORA Launches New Flagship EV Model R1

ORA R1 boasts several advantages over its peers in terms of exterior design,space,intelligence and safety and is referred to as the "world's fifth boutique vehicle" by many industry insiders for its superb look,spaciousness,intelligent functions,enhanced safety and level of attention to quality. The new model is expected to lead the market with its proprietary EV platform and features.

The vehicle comes in five color options: titaniumwhite,cadet blue,sky blue,combination titaniumwhite and glitterblack,and combination cadet blue andtitaniumwhite. The model is backed by a three-year or 120,000 km guarantee for the whole vehicle,and an eight-year or 150,000 km guarantee for core components.

Ning Shuyong,general manager of ORA and vice president of Great Wall Motor,said: "As a new market entrant,ORA R1 delivers an unprecedented experience to drivers. ORA replaces the traditional sales,service,spare parts and surveys (4S) dealership-centered model that is common in China with a network consisting of ORA Home,experience centers and smart outlets in the central business districts of Chinese cities. In addition,the big data cloud that is created as the result of the information collected from the ORA app,the ORA shopping site and the Tmall e-shop opens the way to the development of multiple scenarios for offline sales and services as well as new transportation services for both drivers and passengers."

With a constant focus on what the newest generation of drivers demand from their vehicles,ORA not only opens the way to customized products,but also reinvigorates sales channels and creates new retail models that are in line with the expectations of urban consumers,in a bid to build a new automotive ecosystem.

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