Articles Tagged with "SAIC"
SAIC Motor, the Chinese biggest automobile group, reported a gross revenue of 189.095 billion yuan ($29.22 billion) for the first quarter of 2021, a year-on-year jump of 82.13%.
Apr. 30 , 2021At the Auto Shanghai 2021, SAIC Motor’s self-owned PV brands—Roewe, MG and R Auto—all brought their newest products. Notably, the auto giant also caused many heads to turn with an independent boot particularly set for the newborn EV brand IM.
Apr. 28 , 2021At the Auto Shanghai 2021, IM, the premium EV brand SAIC Motor jointly develops with Alibaba and Shanghai’s Zhangjiang Hi-Tech Group, announced that the “Angle Round” version of the L7, its first mass-produced model, is priced at 408,800 yuan.
Apr. 19 , 2021SAIC Volkswagen’s fire new full-electric SUV ID.4 X formally hit the market on March 25. Coming with six variants in total, the new model is priced between 199,900 yuan ($30,567) and 272,900 yuan ($41,730) after subsidies.
Mar. 26 , 2021SAIC Motor announced on Thursday its revenue in 2020 dropped 12.52% year on year to roughly 723.043 billion yuan ($110.56 billion), while the full-year net profit attributable to shareholders fell 20.2% to 20.431 billion yuan ($3.124 billion).
Mar. 25 , 2021SAIC Motor launched on March 18 the all-new technology brand “R-TECH” to serve the vehicles under the R brand, the group’s high-end all-electric passenger vehicle marque.
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