- SAIC Motor expects annual CV unit revenue to top 100 billion yuan by 2025
SAIC Motor aims to gain over 100 billion yuan of annual revenue from its commercial vehicle (CV) business by 2025, as part of the development plan the automaker sets for its CV unit arm in the 14th Fi...
Sept. 24 , 2021
- SAIC Motor aims to peak carbon emissions, sell 2.7 million NEVs annually by 2025
SAIC Motor aims to sell over 2.7 million NEVs per year by 2025, making NEVs account for over 32% of the group’s total car sales, Wang Xiaoqiu, SAIC Motor's president.
Sept. 16 , 2021
- SAIC Motor says Aug. sales drop 10.08% year on year
SAIC Motor saw its monthly auto sales fall 10.08% year on year to 453,408 units in August, the company announced on Monday. The sales for the Jan.-Aug. period amounted to 3,103,239 units, ticking up 3...
Sept. 06 , 2021
- SAIC Motor sets up CV smart driving tech company
On August 26, SAIC Motor announced the foundation of a commercial vehicle (CV) intelligent driving technology company dubbed Shanghai Youdao Zhitu Technology Co.,Ltd., which will be located in Lin-gan...
Aug. 27 , 2021
- SAIC Motor boosts H1 net profit by 58.61% YoY
SAIC Motor's net profit attributable to shareholders amounted to 13.314 billion yuan ($2.056 billion) in the first half of 2021, surging 58.61% from a year ago.
Aug. 26 , 2021
- SAIC Motor unveils application for new battery technology patent
SAIC Motor recently published an application for a new patent about battery-related technology through the website of China National Intellectual Property Administration.
Aug. 17 , 2021
- SAIC Motor forms tie-up with ZTE for ‘software-defined’ vehicles
SAIC Motor recently signed a framework agreement with ZTE Corporation for the strategic collaboration on building “software-defined” vehicles.
Aug. 09 , 2021
- SAIC Motor posts 22.95% YoY drop in Jul. wholesales
SAIC Motor’s new vehicles wholesales reached 352,546 units in July 2021, shrinking 22.95% from the previous year, the company announced on August 6.
Aug. 06 , 2021
- SAIC Motor’s mobility service platform Xiangdao Chuxing launches fund to raise 500 million yuan
Xiangdao Chuxing, the mobility service brand of SAIC Motor, announced on August 4 the launch a special asset-backed project dubbed “Xiaodao No.1”.
Aug. 05 , 2021