Articles Tagged with "SAIC Motor"

SAIC Motor launches Robotaxi pilot operation in Shanghai
SAIC Motor launches Robotaxi pilot operation in Shanghai

Xiangdao Chuxing, SAIC Motor’s mobility arm that features L4 autonomous driving operations, has officially started a demonstration Robotaxi operation in Shanghai, the auto group announced today.

Dec. 7 , 2021
SAIC Motor’s Nov. auto sales drop 6.61% YoY, but NEV sales hit new highs
SAIC Motor’s Nov. auto sales drop 6.61% YoY, but NEV sales hit new highs

SAIC Motor's monthly auto wholesales reached 601,360 units in November, dropping 6.61% year on year, while climbing 3.3% month on month.

Dec. 7 , 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 sees Q3 net profit drop 14.75% YoY
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
SAIC Motor’s new trademark likely to be Chinese name of R Auto
SAIC Motor’s new trademark likely to be Chinese name of R Auto

SAIC Motor has filed the application for two trademarks “SAIC Feifan” and “Feifan”, which are awaiting substantive review, according to the Trademark Office of China National Intellectual Property Administration.

Oct. 14 , 2021
SAIC Motor becomes direct shareholder of  Iveco's joint venture in China
SAIC Motor becomes direct shareholder of Iveco's joint venture in China

Nanjing Iveco Automobile Co.,Ltd. (Naveco), a Nanjing-based company principally engaging in manufacturing light-duty commercial vehicle, recently introduced SAIC Motor as a director investor, according to Tianyancha.

Oct. 12 , 2021