- SAIC’s mobility service brand Xiangdao Chuxing bags over 300 mln yuan in Series A round
Xiangdao Chuxing, SAIC Motor’s mobility service brand, announced on Dec. 18 it has closed its Series A round with over 300 million yuan ($45,846,330) raised from Alibaba Group and CATL.
Dec. 22 , 2020
- SAIC’s premium EV brand Zhiji Motor to show three models at Auto China 2021
Zhiji Motor, an upscale electric vehicle (EV) brand announced by SAIC Motor, will showcase three all-new vehicles models at next year’s Shanghai International Automobile Exhibition (Auto China 2021)...
Dec. 18 , 2020
- SAIC’s upscale EV brand, CATL allying on new battery tech to allow 1,000km range
Zhiji Motor is working with CATL on the development of the so-called “silicon-doped "silicon-doped lithium supplement battery cell" technology, which is expected to enable a range of up to 1,000km.
Dec. 14 , 2020
- SAIC Motor scores YoY sales growth for six straight months
SAIC Motor recorded a 10.65% year-on-year increase last month with 643,928 new vehicles sold. As of Nov., the China’s biggest automakers had posted growth for six consecutive months.
Dec. 04 , 2020
- SAIC Motor announces launch of premium BEV brand “Zhiji Motor”
SAIC Motor and the government of Pudong New Area formed a strategic cooperation on Nov. 26 for the joint development of Zhiji Motor, a fire new premium intelligent all-electric vehicle brand, the auto...
Nov. 26 , 2020
- SAIC Motor, GWM’s fuel cell tech developers forge partnership
SHPT and Weishi Energy Technology Co.,Ltd. (Weishi), the fuel cell-related product and technology developers under SAIC Motor and GWM, signed on November 11a frame agreement for the strategic cooperat...
Nov. 12 , 2020
- SAIC Motor, Alibaba to team up on new retail business
SAIC Motor and the e-commerce giant Alibaba Group entered into a cooperation agreement on November 8 to jointly boost the digital transition for automotive retail business, the automaker announced via...
Nov. 10 , 2020
- SAIC Motor records fifth-consecutive-month YoY growth in Oct. 2020
SAIC Motor gained a 9.61% year-on-year growth in October with 596,719 new vehicles sold. Thanks to the fifth-consecutive-month increase, the decrease in year-to-date sales shrank to 15.09%.
Nov. 09 , 2020
