GWM (HKEX: 2333) plans to launch its first hybrid supercar in 2027 to rival Ferrari, expanding into the high-performance car market as the Chinese automaker looks beyond its core SUV and pickup businesses.
GWM chairman Wei Jianjun said on Weibo on Thursday that he had tested the company's first hybrid supercar against the Ferrari SF90, sharing a video of the comparison.
"I have to admit that our sports car still falls short of Ferrari in overall capabilities," Wei wrote. He said he was confident the team would step up its efforts and deliver a surprise when the model launches next year.
The supercar is expected to make its formal debut by the end of 2026, potentially featuring GWM's in-house-developed 4.0-liter twin-turbo V8 engine paired with a plug-in hybrid (PHEV) system.
Some technical details of the engine were disclosed at this year's Beijing Auto Show. It forms part of GWM's GF high-performance architecture, developed for both road-going supercars and GT3 race cars.
GWM previously announced a target system output of more than 1,200 horsepower for the road-going supercar, with final production specifications yet to be disclosed.
The launch timeline brings GWM's years-long supercar project closer to commercialization, following repeated signals of its ambition to compete with Ferrari.
GWM chief technology officer Wu Huixiao said in an interview in April 2025 that the company had started the supercar project about 5 years earlier. A desire to further reduce costs was among the reasons it had yet to launch.
She also said the team had encountered considerable difficulties developing the carbon-fiber cockpit and had conducted extensive testing.
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