Articles Tagged with "SAIC Group "

Sales of SGMW’s Wuling Asta SUV hit 10,000 units in less than one month
Sales of SGMW’s Wuling Asta SUV hit 10,000 units in less than one month

The total sales of the Wuling Asta, the first strategic SUV model bearing Wuling brand’s global silver badge, topped 10,000 units as of October 12, only 26 days after the model hit the market, SAIC-GM-Wuling (SGMW) announced on Tuesday.

Oct. 12 , 2021
SAIC Motor becomes direct shareholder of  Iveco's joint venture in China
SAIC Motor becomes direct shareholder of Iveco's joint venture in China

Nanjing Iveco Automobile Co.,Ltd. (Naveco), a Nanjing-based company principally engaging in manufacturing light-duty commercial vehicle, recently introduced SAIC Motor as a director investor, according to Tianyancha.

Oct. 12 , 2021
SAIC Motor’s auto sales fall 14.36% YoY in Sept., while NEV sales surge 61.3%
SAIC Motor’s auto sales fall 14.36% YoY in Sept., while NEV sales surge 61.3%

SAIC Motor said its new vehicle sales reached 515,804 units last month, dropping 14.36% compared to the previous year. As of Sept. 2021, the Shanghai-based auto giant had posted year-on-year sales decline for the fifth month in a row.

Oct. 11 , 2021
SAIC Z-ONE, Technomous to co-develop integrated smart cabin HPC
SAIC Z-ONE, Technomous to co-develop integrated smart cabin HPC

SAIC Motor’s software arm SAIC Z-ONE announced a collaboration with Technomous to develop cloud-pipe-device integrated smart cabin HPC (high performance computing) based on SAIC Z-ONEs’ Galaxy Full-stack Solution 3.0.

Sep. 23 , 2021
SAIC Motor aims to peak carbon emissions, sell 2.7 million NEVs annually by 2025
SAIC Motor aims to peak carbon emissions, sell 2.7 million NEVs annually by 2025

SAIC Motor aims to sell over 2.7 million NEVs per year by 2025, making NEVs account for over 32% of the group’s total car sales, Wang Xiaoqiu, SAIC Motor's president.

Sep. 16 , 2021
SAIC invests in Momenta’s new funding round
SAIC invests in Momenta’s new funding round

According to local media outlet Xchuxing, Momenta has completed another new round of financing, led by General Motors which invested a total of $400 million.

Sep. 16 , 2021