Articles Tagged with "SAIC Motor"

SAIC Motor, GWM’s fuel cell tech developers forge partnership
SAIC Motor, GWM’s fuel cell tech developers forge partnership

SHPT and Weishi Energy Technology Co.,Ltd. (Weishi), the fuel cell-related product and technology developers under SAIC Motor and GWM, signed on November 11a frame agreement for the strategic cooperation on the R&D of parts related to fuel cells.

Nov. 12 , 2020
SAIC Motor, Alibaba to team up on new retail business
SAIC Motor, Alibaba to team up on new retail business

SAIC Motor and the e-commerce giant Alibaba Group entered into a cooperation agreement on November 8 to jointly boost the digital transition for automotive retail business, the automaker announced via its WeChat account.

Nov. 10 , 2020
SAIC Motor records fifth-consecutive-month YoY growth in Oct. 2020
SAIC Motor records fifth-consecutive-month YoY growth in Oct. 2020

SAIC Motor gained a 9.61% year-on-year growth in October with 596,719 new vehicles sold. Thanks to the fifth-consecutive-month increase, the decrease in year-to-date sales shrank to 15.09%.

Nov. 9 , 2020
SAIC Motor ambitious to roll out at least ten FCV models over next 5 years
SAIC Motor ambitious to roll out at least ten FCV models over next 5 years

Over the next five years, SAIC Motor aims to roll out at least ten FCV (fuel cell vehicle) models and hit over 10,000 units in both annual FCV outputs and sales, representing more than 10% share in China’s FCV market.

Sep. 14 , 2020
SAIC Motor records 2020’s first-time single-month sales of over 500,000 units in Aug.
SAIC Motor records 2020’s first-time single-month sales of over 500,000 units in Aug.

SAIC Motor saw its August new vehicles sales climbed 3.57% year on year to 504,236 units, topping 500,000 units for the first time so far this year, according to the automaker’s sales report.

Sep. 7 , 2020
SAIC Motor secures 50 bln yuan credit line from the Export-Import Bank of China
SAIC Motor secures 50 bln yuan credit line from the Export-Import Bank of China

Chinese largest automaker SAIC Motor said it signed an agreement on September 1 with the Export-Import Bank of China for a credit line worth 50 billion yuan ($7.315 billion).

Sep. 2 , 2020