Articles Tagged with "SAIC"

SAIC Motor’s chairman proposes greater endeavors to boost localization of auto-grade chips
SAIC Motor’s chairman proposes greater endeavors to boost localization of auto-grade chips

Chen Hong, chairman of China’s biggest automaker SAIC Motor, proposed greater efforts to increase the application of locally-produced automotive-grade chips.

Mar. 1 , 2021
SAIC PV, Horizon Robotics team up on developing smart & connected vehicles
SAIC PV, Horizon Robotics team up on developing smart & connected vehicles

SAIC PV claimed on Feb. 22 it entered into an all-around partnership earlier this month with Horizon Robotics, a leading Chinese AI provider, to jointly explore cutting-edge technologies related to auto intelligentization.

Feb. 22 , 2021
Top stories of SAIC Motor in 2020
Top stories of SAIC Motor in 2020

We hereby selected some noteworthy stories for you reviewing SAIC’s experience last year.

Feb. 17 , 2021
SAIC, Alibaba-backed premium EV brand “IM” makes world’s debut
SAIC, Alibaba-backed premium EV brand “IM” makes world’s debut

The premium auto brand “IM” (dubbed “Zhiji Motor” in Chinese) jointly developed by SAIC Motor, Alibaba and Shanghai’s Pudong New Area was formally launched on Jan. 13. Meanwhile, two concept models under “IM” were unveiled at the same time.

Jan. 13 , 2021
SAIC Motor’s 2020 net profit likely to dip 21.89% YoY
SAIC Motor’s 2020 net profit likely to dip 21.89% YoY

SAIC Motor said its annual net profit attributable to shareholders in 2020 is anticipated to slump 21.89% year on year to roughly 20 billion yuan ($3.085 billion).

Jan. 11 , 2021
SAIC Motor’s auto sales drop 10.22% in 2020
SAIC Motor’s auto sales drop 10.22% in 2020

SAIC Motor announced its full-year sales dipped 10.22% from a year ago to 5,600,482 units last year. Despite the decrease, the company was honored the No.1 Chinese automaker by annual sales for the fifth year in a row.

Jan. 7 , 2021