- SAIC Motor said to launch new intelligent EV brand code-named “L”
Chinese largest automaker SAIC Motor intends to launch an all-new intelligent EV brand code-named “L”, which will operate businesses as an independent company, according to a local media outlet.
Oct. 14 , 2020
- SAIC Motor garners four-straight-month YoY sales growth as of Sept.
With 602,318 new vehicles sold, SAIC Motor boasted a 9.51% year-on-year growth in Sept. sales, the Chinese largest automaker said on October 12.
Oct. 12 , 2020
- Great Wall Motor's first fuel cell SUV to go into mass production in 2021
Great Wall Motor (GWM)’s first fuel-cell SUV will be put into volume production in 2021, according to a local media report, as part of endeavors to accelerate its deployment of hydrogen fuel cell ve...
Sept. 16 , 2020
- SAIC Motor ambitious to roll out at least ten FCV models over next 5 years
Over the next five years, SAIC Motor aims to roll out at least ten FCV (fuel cell vehicle) models and hit over 10,000 units in both annual FCV outputs and sales, representing more than 10% share in Ch...
Sept. 14 , 2020
- SAIC Motor records 2020’s first-time single-month sales of over 500,000 units in Aug.
SAIC Motor saw its August new vehicles sales climbed 3.57% year on year to 504,236 units, topping 500,000 units for the first time so far this year, according to the automaker’s sales report.
Sept. 07 , 2020
- SAIC Motor secures 50 bln yuan credit line from the Export-Import Bank of China
Chinese largest automaker SAIC Motor said it signed an agreement on September 1 with the Export-Import Bank of China for a credit line worth 50 billion yuan ($7.315 billion).
Sept. 02 , 2020
- SAIC Motor boasts robust growth in second-quarter net profit
For the first half of 2020, SAIC Motor’s gross revenue fall 24.6% over a year ago to 283.74 billion yuan ($41,253,921,557), and its net profit attributable to shareholders tumbled 39.01% to 8.394 bi...
Aug. 28 , 2020
- SAIC Motor logs bigger YoY sales increase in July
With 457,558 new vehicles sold, SAIC Motor recorded a 4.04% year-on-year growth in July sales, 1.27 percentage points higher than the increase in June sales, according to the company’s sales report.
Aug. 07 , 2020
