Articles Tagged with "SAIC Motor"

SAIC Motor posts 2.45% YoY drop in 2021 auto sales
SAIC Motor posts 2.45% YoY drop in 2021 auto sales

SAIC Motor saw its full-year sales in 2021 edge down 2.45% to 5,463,500 units, the company announced on Jan. 7.

Jan. 7 , 2022
Xiaomi, SAIC Motor invest in domestic automotive chip supplier Flagchip
Xiaomi, SAIC Motor invest in domestic automotive chip supplier Flagchip

China’s automotive chip supplier Flagchip has completed its latest investment round with SAIC Motor-backed and Xiaomi- backed ventures as investors.

Dec. 29 , 2021
CATL, SAIC Motor’s JV UABC has 16GWh cell production lines under construction
CATL, SAIC Motor’s JV UABC has 16GWh cell production lines under construction

United Auto Battery Corp. United Auto Battery Co., Ltd. (UABC) has reached an annual battery cell production capacity of 26GWh and has begun building the second phase of 16GWh cell manufacturing lines.

Dec. 13 , 2021
SAIC Motor’s fuel cell tech arm SHPT to go public on STAR Market
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 Technology Innovation Board (the "STAR" Market).

Nov. 25 , 2021
SAIC Motor’s Feifan Auto makes debut at Auto Guangzhou 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
SAIC Motor sees Jan.-Oct. sales edge down 0.21% YoY
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, sliding 2.4% from the year-ago period.

Nov. 4 , 2021