- SAIC Motor sets up wholly-owned energy technology subsidiary
SAIC Motor recently set up an energy technology subsidiary, whose business scope includes the sales of new energy vehicle (NEV) battery swapping facilities.
May 06 , 2022
- SAIC Motor’s Jan.-Apr. auto sales down 11.19% YoY, but NEV sales still up
Despite the downturn in overall sales, SAIC Motor still posted a 14.48% year-on-year growth in Jan.-Apr. NEV sales, which amounted to 229,793 units.
May 06 , 2022
- SAIC-backed IM Motors plans for first public funding round
The first public financing round of IM Motors, an electric vehicle joint venture among SAIC Motor, Alibaba Group and Zhangjiang Hi-Tech, has already been in the works, Liu Tao, co-CEO of IM Motors, re...
May 06 , 2022
- SAIC Motor’s revenue rises 5.08% YoY in 2021, but dips in Q1 2022
SAIC Motor announced today its full-year gross revenue in 2021 amounted to around 779.846 billion yuan ($117.309 billion), growing 5.08% year on year.
Apr. 29 , 2022
- Gasgoo Daily: Desay SV launches production-ready ICP “Aurora”
With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.
Apr. 29 , 2022
- SAIC Motor’s ‘asset-light’ Rising Auto to launch at least one model per year
Compared to other auto brands, Rising Auto faces much less pressure in technology investment and production facility construction as it was born to enjoy the technologies, resources and capabilities o...
Apr. 29 , 2022
- Gasgoo Daily: SKYWORTH Auto launches HT-i with 1,267km of range
With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.
Apr. 27 , 2022
- SAIC-backed IM Motor's L7 hits market, starting at 368,800 yuan
IM Motor, a joint venture among SAIC Motor, Alibaba and Zhangjiang High-Tech, saw its first production model, the IM L7, formally hit the market.
Apr. 18 , 2022
