Articles Tagged with "SAIC Group "

SAIC Motor’s auto sales in Aug. rise 12.94% YoY, NEV sales up 48.15%
SAIC Motor’s auto sales in Aug. rise 12.94% YoY, NEV sales up 48.15%

SAIC Motor announced today its auto sales reached 512,081 units in August 2022, rising 12.94% year on year, while also edging up 1.05% month on month.

Sep. 5 , 2022
SAIC-backed IM Motors delivers 1,007 IM L7s in August
SAIC-backed IM Motors delivers 1,007 IM L7s in August

IM Motors announced on Thursday the deliveries of its first production model, the IM L7, reached 1,007 units last month, jumping 23.4% MoM.

Sep. 1 , 2022
SAIC Motor logs 13.69% YoY dip in H1 2022 gross revenue
SAIC Motor logs 13.69% YoY dip in H1 2022 gross revenue

SAIC Motor announced today its gross revenue reached 315.993 billion yuan ($46.094 billion) in the first half of 2022 ("H1 2022"), sliding 13.69% from the previous year.

Aug. 25 , 2022
SAIC Motor boasts 43.74% YoY surge in July 2022 sales
SAIC Motor boasts 43.74% YoY surge in July 2022 sales

SAIC Motor announced today its auto sales reached 506,760 units in July 2022, surging 43.74% year on year, while also growing 4.79% month on month.

Aug. 5 , 2022
2022 Fortune Global 500: BYD scores seat for first time
2022 Fortune Global 500: BYD scores seat for first time

​Seven Chinese Mainland automakers appeared on the Fortune Global 500, one of the most authoritative rankings presenting the business performance of companies worldwide. BYD scored a seat on the list for the first time in the company’s history.

Aug. 3 , 2022
IM Motors inks agreement for Series A equity financing
IM Motors inks agreement for Series A equity financing

IM Motors, the premium electric vehicle joint venture among SAIC Motor, Alibaba Group, and Zhangjiang Hi-Tech, announced on Monday it had signed an agreement for its Series A equity financing.

Aug. 2 , 2022