Top stories of SAIC Motor in 2023
Regarding the landscape of China's automotive market in 2023, domestic car manufacturers demonstrated an robust growth trend. This trend is evident not only in the performance of private companies like BYD and Geely, but also in the substantial progress made by various automobile groups in their self-owned brands' businesses, with SAIC Motor being a notable example.
Photo credit: SAIC Motor
Recently, Gasgoo Automotive conducted a year-end review focusing on key carmakers in China. This article will guide you through a retrospective of the key events that unfolded for SAIC Motor in 2023.
On December 18, SAIC Motor's ride-hailing service platform, Xiangdao Chuxing, revealed a strategic partnership with SAIC-GM-Wuling to jointly make advancements in the mobility sector.
IM Motors licensed to test Level 3 autonomous cars in Shanghai
IM Motors' vehicles equipped with L3 autonomous driving capabilities have received the highway/expressway autonomous driving test license in Shanghai, the company announced on December 18.
IM Motors’ IM AD highway NOA function goes live across Chinese Mainland
IM Motors, the premium intelligent electric vehicle brand co-founded by SAIC Motor, Zhangjiang Hi-Tech, and Alibaba Group, declared full-coverage of its IM AD highway NOA (Navigation on Autopilot) function across the Chinese Mainland on December 12.
eHi Car Services, SAIC Volkswagen form in-depth strategic cooperation
Chinese leading car rental brand eHi Car Services and the Sino-German joint venture SAIC Volkswagen recently declared a comprehensive strategic partnership. The collaboration is set to encompass various domains, including vehicle procurement, automotive finance, brand marketing, member collaboration, automotive aftermarket, used car sales, and automotive intelligence, signaling a profound and multi-dimensional alliance.
SemiDrive, SAIC Volkswagen team up to promote domain control tech development
On December 6, Chinese automotive chip developer SemiDrive and SAIC Volkswagen signed a memorandum of cooperation to jointly propel the R&D and application of intelligent vehicles’ electronic technology.
SAIC Motor introduces JSW Group as strategic investor of MG Motor India
SAIC Motor, a prominent Chinese automobile giant, and JSW Group of India joined forces by signing a strategic cooperation agreement in London, aiming to capitalize on the rapidly growing Indian automotive market. This collaboration positions JSW Group as a strategic investor, injecting vital support into MG Motor India's quest to expand its market share in India.
SAIC Volkswagen hits production milestone of 27 millionth vehicle
On November 27, SAIC Volkswagen declared the production of its 27 millionth vehicle, securing its place as the first passenger car manufacturer in China to achieve this remarkable milestone.
SAIC Motor’s Rising Auto puts 2024 Rising R7, Rising F7 Urban Edition onto market
As the Auto Guangzhou 2023 rose its curtain on November 17, Rising Auto, an electric passenger vehicle brand self-owned by SAIC Motor, put two refreshed models—the 2024 Rising R7 and the Rising F7 Urban Edition—onto the market.
IM Motors puts full-sized LS6 SUV onto market with official delivery beginning
On Oct. 12, IM Motors, the premium electric vehicle brand co-backed by SAIC Motor, Zhangjiang High-Tech, and Alibaba Group, officially put its third production model, the IM LS6, onto the market. Coming with four trim levels, the new model features a guidance price range of 229,900 yuan to 291,900 yuan.
SAIC Motor, DIAS, TTTech-Auto AG deepen partnership for ADAS technology development
On November 8, in a strategic move to shape the future of Advanced Driver Assistance Systems (ADAS) and domain controller technology, SAIC Motor, DIAS, and TTTech-Auto AG proudly announced an enhanced partnership.
SAIC-GM, Tesla China team up on building interconnected charging network
SAIC-GM announced on November 10 via its WeChat account it has teamed up with Tesla China to establish an interconnected charging network. This strategic partnership aims to deliver a highly efficient and convenient charging experience.
SAIC Motor's Roewe puts D7 DMH/EV onto market
Roewe, a brand under SAIC Motor Passenger Vehicle Company, officially put a fire new sedan model, named D7, onto the market.
SAIC-GM inaugurates Software and Digital Business Organization in Shanghai
On November 8, SAIC-GM's Software and Digital Business Organization officially opened its doors in Shanghai's Pudong Jinqiao area. This center, a vital component of the company's digital transformation, is set to focus on aligning with the latest industry developments and user demands.
SAIC MAXUS launches fire new light bus brand 'Xintu' with four models unveiled
On November 6, SAIC MAXUS officially unveiled its new light bus brand, "Xintu" (translating to "New Journey"), with four new models under this fire new brand—the Xintu V90, the Xintu V80, the Xintu EV70, and the Xintu V70 Black Knight Edition—launched at one go.
SAIC Motor breaks ground on power battery factory in Zhengzhou city
On October 23, SAIC Motor held a groundbreaking ceremony for its new energy vehicle (NEV) battery factory in Zhengzhou city, capital of China's Henan province, marking a significant milestone in the expansion of its presence in the field of NEVs.
SAIC-GM-Wuling introduces latest tech achievements with debut of Xingguang sedan model
On October 16, SAIC-GM-Wuling held the Wuling Technology Evolution Day, unveiling a series of cutting-edge technological innovations, including the Wuling Lingxi Hybrid System, the Shenlian Battery, and the end-cloud intelligent safety technology. Simultaneously, it introduced its all-new vehicle model, the Wuling Xingguang, which falls into the A+ segment sedan category.
SAIC Z-One, SAIC Volkswagen build joint innovation center
In September 21, SAIC Z-One, the automotive intelligence arm of SAIC Motor, and SAIC Volkswagen officially inaugurated their joint innovation center.
Desay SV, SAIC Motor, AutoChips join forces to create global cockpit platform
On September 14, DesaySV, SAIC Motor Overseas Intelligent Mobility Technology Co., Ltd. ("SOIMT", the overseas entity of SAIC Motor), and AutoChips signed a strategic cooperation agreement to leverage their respective leading technologies and develop a global cockpit platform.
SAIC Volkswagen, CAR Inc. ally on diversified mobility services
SAIC Volkswagen officially announced on September 14 that it has entered into a comprehensive strategic cooperation agreement with CAR Inc. ("Shenzhou Zuche" in Chinese pinyin). This partnership extends beyond traditional new car procurement to address a diverse range of user mobility needs. The collaboration aims to enhance the fusion between automotive and travel consumption, offering improved services to both car buyers and rental users.
SAIC Motor's MG brand displays three EV models at IAA MOBILITY 2023
The IAA MOBILITY 2023 kicking off on Sept. 4 served as a momentous occasion as SAIC Motor's MG brand introduced three of its key electric vehicle (EV) models: the MG Cyberster, MG4 Electric XPOWER Performance Edition, and the Marvel R.
SAIC Motor, QingTao Energy to build joint venture for developing new-generation solid-state battery
SAIC Motor and QingTao (Kunshan) Energy Development Co., Ltd. (QingTao Energy) are poised to establish a joint venture named SAIC QingTao New Energy Technology Co., Ltd. (subject to approval by the Market Supervision Administration) to enhance their competitive edge in the new energy vehicle market, QingTao Energy announced on August 30 via its WeChat account.
SAIC Motor launches first ocean-going car carrier built by CSSC Jiangnan Shipyard
On August 29, SAIC Motor, a prominent Chinese automobile conglomerate, announced a significant stride in its maritime endeavors as its tailored-for-purpose maiden ocean-going car carrier (roll-on/roll-off vessel)., constructed by China State Shipbuilding Corporation's Jiangnan Shipyard (Group) Co., Ltd. (CSSC Jiangnan Shipyard), was officially launched.
SAIC Motor inks MoU with Audi
On August 25, Liu Tao, CEO of IM Motors, the premium intelligent electric vehicle brand under SAIC Motor revealed that SAIC Motor has signed a memorandum of understanding (MoU) with Audi, and both teams are rapidly progressing on various aspects, including engineering development, market research, product positioning, and design.
SemiDrive, SAIC Volkswagen build joint innovation center in Shanghai
On August 22, SemiDrive announced the establishment of a joint innovation center with SAIC Volkswagen in Shanghai.
IM Motors unveils roadmap for deployment of intelligent driving products over next 3-5 years
On August 16, Guo Hui, the Chief Scientist of IM Motors, unveiled the future 3~5 years roadmap for the advancement of the carmaker's intelligent driving products at a tech event gathering several academic experts and industry executives. The announcement included the initiation of the "IM AD City NOA (Navigate on Autopilot)" public beta test, scheduled for this October, marking IM Motors’ entry into the "City NOA Era" alongside leading players in the industry.
SAIC Motor's Rising Auto first battery swapping station in Beijing goes live
On August 14, Rising Auto, the new energy vehicle (NEV) brand wholly-owned by SAIC Motor hosted a themed communication session where it unveiled its advanced technology system for the three core components to NEVs (namely, battery, electric motor, and electric control unit). Simultaneously, the inauguration of Rising Auto's first battery swapping station in Beijing took place.
SAIC-GM's new Buick Regal hits market
On July 24, SAIC-GM's Buick brand officially put the new Regal, onto the market. The refreshed model comes with two trim levels, which are priced at 159,800 yuan and 175,800 yuan, respectively.
SAIC Motor showcases 43 innovative technologies at 2023 Tech-Show
On July 6, SAIC Motor kicked off its "2023 Tech-Show" event, where 27 subsidiaries showcased a remarkable array of 43 innovative technologies.
SAIC-GM starts building third Ultium super factory
SAIC General Motors on July 5 announced the commencement of construction for the third Ultium Super Factory - the Dongyue Ultium Super Factory. Nestled within the confines of the automaker's Dongyue Base in Yantai city, Shandong province, the factory is projected to launch into mass production in the first half of 2025.
SAIC Motor signs agreement to build power battery production base in Zhengzhou city
On July 2, SAIC Motor signed a framework agreement with the municipal government of Zhengzhou city, the capital of Henan province, to establish a new energy vehicle (NEV) battery production base.
SAIC-GM's Ultium-based Buick ELECTRA E4 goes on sale, starting at 189,900 yuan
On June 19th, Buick, an auto brand under SAIC-GM, announced its new premium electric coupe SUV, the Buick ELECTRA E4, officially hit the market.
SAIC Motor plans to make additional investments in solid-state battery company QingTao Energy
On May 27, SAIC Motor announced it intends to make additional investments in QingTao (Kunshan) Energy Development Co., Ltd. ("QingTao Energy") through its two investment subsidiaries, as part of efforts to deepen its layout in solid-state battery technology and enhance the competitiveness of its new energy products.
SAIC-GM-Wuling's Baojun Yep small-sized electric SUV hits market
On May 25, SAIC-GM-Wuling officially put the Baojun Yep, a fire new small-sized all-electric SUV under the Baojun brand, onto the market, targeting urban young consumers who value both individuality and quality.
SAIC-GM names new general manager
Mr. Zhuang Jingxiong, who once served as deputy general manager of SAIC General Motors, has been promoted to general manager of the joint venture between SAIC Motor and General Motors, SAIC Motor announced on May 12.
SAIC-GM-Wuling signs MoU on investment in battery-based EV project in Indonesia
SAIC-GM-Wuling signed a memorandum of understanding (MoU) a few days ago with the Indonesian Coordinating Ministry for Maritime Affairs and Investment, as part of its efforts to strengthen its commitment to developing the battery-based electric vehicle ecosystem in Indonesia.
SAIC Motor-CP breaks ground on new industrial park in Thailand for NEV parts production
SAIC Motor announced in early May that SAIC Motor-CP Co., Ltd., the joint venture between China's SAIC Motor and Thailand's Charoen Pokphand Group, broke ground on a new industrial park in Chon Buri, Thailand to produce core auto parts related to new energy vehicles (NEVs) locally.
SAIC Motor-backed DIAS to co-build innovation center with ZTE
On April 22, SAIC Motor and its automotive electronics subsidiary DIAS, deepened cooperation with Chinese communications solution developer ZTE. Meanwhile, DIAS and ZTE also established a joint innovation center and launched a T-BOX product solution.
SAIC Motor's Rising Auto puts F7 all-electric sedan onto market
Rising Auto, the mid-to-high electric vehicle brand wholly-owned by SAIC motor, officially put its fire new full-sized all-electric sedan model, the Rising F7, onto the market.
SAIC Motor's Ningde-Mexico international shipment route takes first voyage
On Mar. 15, SAIC Motor began the maiden voyage of its self-operated shipping route that runs from China’s Ningde city to Mexico, according to a post on the auto group’s WeChat account.
IM Motors nabs 5 billion yuan worth of loan
IM Motors, the premium electric vehicle maker jointly backed by SAIC Motor, Alibaba Group, and Zhangjiang High-Tech, recently obtained a loan worth 5 billion yuan ($723.066 million) by signing an agreement with a group of financial institutions, the automaker said on Feb. 24 via its WeChat account.
IM Motors sees LS7 SUV hit market, starting at 309,800 yuan
IM Motors put its first SUV model, the IM LS7, onto the market on Feb. 10.
SAIC VW sees 26-millionth vehicle roll off production line
On January 18, SAIC Volkswagen saw its 26-millionth vehicle roll off the production line at the automaker’s new energy vehicle plant in Anting Town, Shanghai.
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