- SAIC Motor’s fuel cell tech arm SHPT to go public on STAR Market
SAIC Motor announced on Nov.25 its plan to spin off its fuel cell tech development unit, Shanghai Hydrogen Propulsion Technology Co., Ltd. (SHPT), and make the arm go public on the Science and Technol...
Nov. 25 , 2021
- SAIC Motor’s Feifan Auto makes debut at Auto Guangzhou 2021
SAIC Group’s Feifan Auto makes its debut at the Auto Guangzhou 2021 with its R7 SUV, marking its first time to participate in a public event after the name change (former R Auto).
Nov. 19 , 2021
- Bosch-backed UAES teams up with SAIC Z-ONE
UAES, Bosch's joint venture with Zhonglian Automobile Electronics Co.,Ltd. , has recently reached a strategic agreement with SAIC Z-ONE, the software arm of SAIC Group to explore centralization possib...
Nov. 09 , 2021
- Momenta lands biggest investment in China’s autonomous driving field, worth over $1 billion
China’s autonomous driving startup Momenta has closed its C+ round of financing worth over $500 million, marking the largest financing movement in China’s autonomous driving development history.
Nov. 04 , 2021
- SAIC Motor sees Jan.-Oct. sales edge down 0.21% YoY
For the first ten months of 2021, SAIC Motor sold a total of 4,201,180 new vehicles, representing a 0.21% slight drop year over year. The group's monthly sales reached 582,137 units in October, slidin...
Nov. 04 , 2021
- SAIC’s Feifan Auto gets almost 3,000 orders in Oct.
SAIC Group’s Feifan Auto (former R Auto) is getting more favorable among consumers, judging from its October performance results, thus backing the group’s decision to promote the young subsidiary ...
Nov. 04 , 2021
- SAIC Motor new branch to run R Auto independently
China’s largest automobile company SAIC Motor announced a new company to be responsible for the independent operation for its R brand today, and named the head of the new company.
Oct. 29 , 2021
- SAIC Motor sees Q3 net profit drop 14.75% YoY
In Q3, SAIC Motor's net profit attributable to shareholders reached 7.036 billion yuan ($1.101 billion), falling 14.75% compared to the year-ago period.
Oct. 29 , 2021
