- High-end new energy vehicle brands from China’s legacy automakers reveal new financing efforts
Within only one month, four high-end new energy vehicle brands from China’s legacy automakers revealed new financing activities.
Aug. 16 , 2022
- Autonomous driving developer Momenta invests in SAIC Motor’s Xiangdao Chuxing
SAIC Motor’s ride-hailing arm, Xiangdao Chuxing, announced the completion of its Series B financing round, raising over 1 billion yuan ($147.68 million) in total.
Aug. 15 , 2022
- SAIC Motor boasts 43.74% YoY surge in July 2022 sales
SAIC Motor announced today its auto sales reached 506,760 units in July 2022, surging 43.74% year on year, while also growing 4.79% month on month.
Aug. 05 , 2022
- SAIC Motor puts 410 FCVs into commercial operation
On August 4, a ceremony was held in Shanghai to put 410 fuel cell vehicles ("FCVs") of SAIC Motor into commercial operation, the Shanghai-based auto giant announced via its WeChat account.
Aug. 04 , 2022
- IM Motors inks agreement for Series A equity financing
IM Motors, the premium electric vehicle joint venture among SAIC Motor, Alibaba Group, and Zhangjiang Hi-Tech, announced on Monday it had signed an agreement for its Series A equity financing.
Aug. 02 , 2022
- Horizon Robotics, SAIC Motor to launch Journey 5-powered vehicle model in 2023
On July 18th, Horizon Robotics announced to deepen its strategic cooperation with SAIC Motor and SAIC Z-one to jointly create a future-oriented intelligent driving computing platform based on Horizon ...
July 19 , 2022
- SAIC Motor scores two-digit MoM, YoY growth in June 2022 sales
SAIC Motor announced today its monthly auto sales reached 483,584 units in June 2022, jumping 33% month on month, while also leaping 47.16% year on year.
July 07 , 2022
- SAIC Motor, QingTao Energy co-unveil solid-state battery lab
On July 6, SAIC Motor and QingTao (Kunshan) Energy Development Co., Ltd. (“QingTao Energy”) signed an agreement to inaugurate a joint lab dedicated to R&D of solid-state batteries, the Shanghai-ba...
July 06 , 2022