Articles Tagged with "SAIC"

COSCO SHIPPING, SIPG to increase investment in SAIC Anji Logistics
COSCO SHIPPING, SIPG to increase investment in SAIC Anji Logistics

On December 6, COSCO SHIPPING Holdings Co., Ltd. (COSCO SHIPPING), Shanghai International Port (Group) Co., Ltd. (SIPG) signed a capital injection agreement with SAIC Anji Logistics.

Dec. 9 , 2024
SAIC Motor boasts 19.53% YoY jump in Jan.-Nov. 2024 NEV wholesales
SAIC Motor boasts 19.53% YoY jump in Jan.-Nov. 2024 NEV wholesales

SAIC Motor recently announced on Monday that its monthly wholesale volume reached 478,767 vehicles in November 2024, sliding 7.06% over the previous year, but growing 19.13% over the previous month.

Dec. 3 , 2024
SAIC Motor launches second-generation magnesium alloy case for electric drive system
SAIC Motor launches second-generation magnesium alloy case for electric drive system

On November 29, SAIC Motor R&D Innovation Headquarters officially unveiled its self-developed second-generation magnesium alloy cases for electric drive assembly, along with a three-in-one electric drive assembly equipped with this case.

Dec. 2 , 2024
SAIC Motor reports YoY revenue, net profit decline in Q3 2024, eyes recovery in Q4
SAIC Motor reports YoY revenue, net profit decline in Q3 2024, eyes recovery in Q4

In the third quarter (Q3) alone, SAIC Motor logged revenue of 145.796 billion yuan, down by 25.91% compared to the previous year, while net profit attributable to shareholders reached 279.69 million yuan.

Nov. 5 , 2024
SAIC-GM unveils latest-generation PHEV-dedicated system
SAIC-GM unveils latest-generation PHEV-dedicated system

On October 24, SAIC-GM, the joint venture between SAIC Motor and General Motors, announced its latest generation of plug-in hybrid electric vehicle (PHEV)-dedicated system is officially named the "True Dragon" ("Zhenlong" in Chinese Pinyin).

Oct. 25 , 2024
Bosch, SAIC Motor’s joint venture UAES inaugurates Taicang plant’s Phase III
Bosch, SAIC Motor’s joint venture UAES inaugurates Taicang plant’s Phase III

On October 16, 2024, United Automotive Electronic Systems Co., Ltd. ("UAES"), a joint venture between Bosch and SAIC Motor-backed Zhong-Lian Automotive Electronics Co., Ltd., celebrated the inauguration of Phase III of its Taicang plant.

Oct. 17 , 2024