Articles Tagged with "SAIC"

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’s revenue rises 5.08% YoY in 2021, but dips in Q1 2022
SAIC Motor’s revenue rises 5.08% YoY in 2021, but dips in Q1 2022

SAIC Motor announced today its full-year gross revenue in 2021 amounted to around 779.846 billion yuan ($117.309 billion), growing 5.08% year on year.

Apr. 29 , 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
SAIC Motor, Tsingshan Group team up on power battery project in Liuzhou
SAIC Motor, Tsingshan Group team up on power battery project in Liuzhou

Liuzhou Saike Technology Development Co., Ltd. and Ruipu Energy Co., Ltd. on March 24 signed cooperation and investment agreements with local authorities of Liudong New District, Liuzhou to build a power battery and battery system industrial base

Mar. 25 , 2022