Articles Tagged with "SAIC"

SAIC Motor sets up wholly-owned energy technology subsidiary
SAIC Motor sets up wholly-owned energy technology subsidiary

SAIC Motor recently set up an energy technology subsidiary, whose business scope includes the sales of new energy vehicle (NEV) battery swapping facilities.

May 6 , 2022
SAIC Motor’s Jan.-Apr. auto sales down 11.19% YoY, but NEV sales still up
SAIC Motor’s Jan.-Apr. auto sales down 11.19% YoY, but NEV sales still up

Despite the downturn in overall sales, SAIC Motor still posted a 14.48% year-on-year growth in Jan.-Apr. NEV sales, which amounted to 229,793 units.

May 6 , 2022
SAIC-backed IM Motors plans for first public funding round
SAIC-backed IM Motors plans for first public funding round

The first public financing round of IM Motors, an electric vehicle joint venture among SAIC Motor, Alibaba Group and Zhangjiang Hi-Tech, has already been in the works, Liu Tao, co-CEO of IM Motors, recently revealed to a local media outlet.

May 6 , 2022
SAIC Motor sees Q1 sales grow, but posts YoY drop in March sales
SAIC Motor sees Q1 sales grow, but posts YoY drop in March sales

SAIC Motor announced today its monthly vehicle wholesale volume dipped 10.11% from a year earlier to around 443,045 units in March 2022.

Apr. 8 , 2022
Gasgoo Daily: SAIC-backed premium car brand IM plans open financing
Gasgoo Daily: SAIC-backed premium car brand IM plans open financing

With Gasgoo Daily, we will offer daily important automotive news in China.

Mar. 30 , 2022
SAIC-backed premium car brand IM announces price of L7 Pro
SAIC-backed premium car brand IM announces price of L7 Pro

IM Motor, a joint venture among SAIC Motor, Alibaba and Zhangjiang High-Tech, announced on March 29 the initial version of the IM L7, the IM L7 Pro, features a guiding price of 408,800 yuan ($64,300).

Mar. 30 , 2022