SAIC News

6 weeks ago

Audi to Launch New Brand and Model with SAIC on November 7

Audi is set to unveil a new brand and concept car in collaboration with SAIC, targeting the Nio ET5 Touring with plans for exclusive production in China.

Audi Nio JVs SAIC

8 weeks ago

Buick Plans EREV Model Launch in China Amid Strategy Shift

Buick will introduce an EREV variant of its NDLB model in China, altering its previous BEV-only strategy to align with local consumer preferences.

Buick EV GM Manufacturing SAIC

10 weeks ago

BYD Becomes China's Largest Automotive Group

BYD surpasses SAIC in automotive sales, marking a significant year-on-year increase, establishing itself as the leading automotive group in China.

BYD JVs SAIC

12 weeks ago

Audi and SAIC to Launch Electric Car in China by 2025

Audi and SAIC will introduce their first jointly developed electric vehicle in China in 2025, targeting improved sales in the expanding NEV market.

Audi EV JVs SAIC

12 weeks ago

SAIC-GM and CATL Unveil Fastest Charging EV Battery

SAIC-GM and CATL launch a lithium iron phosphate battery with 6C charging, achieving over 200 km range in five minutes, set for deployment in 2024.

Batteries CATL Chargepoints GM SAIC

13 weeks ago

SAIC Maxus Unveils eTerron 9 Electric Pickup in Europe

SAIC Maxus launched the eTerron 9 electric pickup at IAA Hanover, aiming to expand its European model range with ten new offerings by 2025.

SAIC

3 months ago

Audi and SAIC to Unveil Electric Concept Car in November

Audi and SAIC announce the unveiling of a joint electric concept car in November, with mass production expected by mid-2025 in China.

Audi JVs SAIC

3 months ago

Skoda Negotiates PHEV Technology Cooperation with SAIC

Skoda is in discussions with SAIC to adopt its DMH PHEV technology for models sold in China amid declining sales in the region.

EV Škoda SAIC

Wuling JV Sales Rise Amid Increased Government Incentives

Wuling JV reports a 30% sales increase in August, attributed to enhanced government trade-in incentives, amidst a challenging year for SAIC and GM.

GM JVs SAIC Wuling

SAIC to Consolidate R&D Teams of IM Motors and Rising Auto

SAIC Motor plans to integrate the R&D operations of its IM Motors and Rising Auto sub-brands to enhance efficiency and reduce costs.

Batteries EV R&D SAIC

SAIC Reports Significant Sales Declines Across All Divisions

SAIC experiences substantial sales decreases, particularly in its joint ventures, reflecting broader challenges in adapting to new energy vehicle markets.

GM JVs SAIC

GM Reduces Workforce in China Amid Sales Decline

General Motors is reportedly laying off staff in China and evaluating its operations following significant sales declines and financial losses in the region.

EV GM SAIC

MG Motor to Establish Manufacturing Plant and R&D in Mexico

MG Motor, part of SAIC Group, plans a manufacturing and R&D centre in Mexico to enhance its operations in Latin America and the Caribbean.

EV Manufacturing MG SAIC

Audi to Launch New EV Series in China Without Four-Ring Logo

Audi's upcoming electric vehicle series for China, codenamed 'Purple', will not feature the brand's traditional logo, focusing instead on a tailored brand image.

Audi EV SAIC

EU Conducts Hearing on SAIC's Request Regarding Tariffs

SAIC Motor Corp presented its defence against proposed tariffs at a European Commission hearing, alleging errors in the anti-subsidy investigation and miscalculations of subsidies.

SAIC's MG brand considers Spain for 1st EV plant in Europe

SAIC's MG brand is evaluating Spain as a potential location for its first electric vehicle plant in Europe. A decision is expected by September 30, with production targeted for the fourth quarter of 2027.

EV Manufacturing MG SAIC

SAIC to Decide Location for New Factory by End of September

SAIC is considering Spain, Hungary, and the Czech Republic for a new factory to produce MG cars in Europe, with a decision expected by September 30.

Manufacturing MG JVs SAIC

MG Cyber GTS Unveiled at Goodwood Festival of Speed 2024

SAIC Motor's MG brand reveals new electric sports car, MG Cyber GTS, set to debut at Goodwood Festival of Speed 2024. Event showcases a range of new vehicles from various manufacturers.

MG Mobile Data SAIC

MG Unveils MG Cyber GTS Electric Sports Car at Goodwood Festival of Speed

SAIC Motor Corp's MG brand debuts the MG Cyber GTS electric sports car at the prestigious Goodwood Festival of Speed in the UK, following the launch of the MG Cyberster.

MG Mobile Data SAIC

SAIC-GM-Wuling Launches Binguo EV in Thailand

SAIC-GM-Wuling introduces Binguo EV in Thailand, expanding into Southeast Asian auto market. Two versions available with prices starting at $11,510.

EV GM SAIC Wuling

SAIC’s Rising brand faces backlash over battery swap promises

SAIC's Rising brand customers demand action due to unfulfilled battery swap promises, highlighting slow rollout and high costs. Legal action threatened if demands not met.

Batteries SAIC

SAIC requests EU hearing on additional tariffs

SAIC Motor Corp is planning to request a hearing from the European Union regarding additional tariffs on Chinese electric vehicles. The company asserts errors in subsidy rate calculations and emphasises the importance of fair trade practices for a competitive market.

7 months ago

SAIC, Audi sign agreement to jointly develop EVs, with first product to be released in 2025

SAIC Motor Corp and Audi have signed a cooperation agreement to develop high-end smart electric vehicles through their joint venture SAIC Audi. The collaboration aims to combine top engineering capabilities and innovative technologies for superior electric performance.

Audi EV JVs R&D SAIC Volkswagen

8 months ago

SAIC-GM joint venture in China partners with Nio for EV charging network access

SAIC-GM has partnered with Nio to integrate over 10,000 charging terminals from Nio's extensive network into its Ultium energy replenishment network. This collaboration offers Cadillac and Buick EV owners enhanced charging options and access to Nio's widespread charging infrastructure.

Chargepoints Geely GM Nio JVs SAIC

8 months ago

SAIC-GM-Wuling's Baojun brand launches updated Yep mini EV and new model Yep Plus

SAIC-GM-Wuling introduces updated Baojun Yep and new Yep Plus mini electric vehicles to expand product offerings for wider audience. Models feature new designs, improved features, and higher price points.

Baojun EV GM SAIC Wuling

SAIC Forms JV with Indian Steelmaker JSW to Produce MG-Branded EVs

SAIC Motor Corp and JSW Group have formed JSW MG Motor India Pvt Ltd, aiming to produce MG-branded electric vehicles in India. The joint venture plans to launch new products biannually, expand production capacity, and establish a research centre to meet market demands.

EV MG JVs SAIC

GAC's EV unit Hycan reportedly asks all employees to sell cars as sales remain weak

Hycan, the EV unit of GAC Group, has mandated all employees to assist in boosting vehicle sales after struggling performance. Pay restructuring and lack of differentiation poses challenges in China's competitive EV market.

EV GAC Nio SAIC

Rising Auto Maintains Asset-Light Strategy, Denies Job Cut Rumours

Rising Auto, the SAIC Motor Corp's electric vehicle unit, confirms commitment to asset-light strategy amid job cut rumours. Emphasizing stability and focus on operational efficiency, the company plans to launch a new model and continue innovations in the competitive EV market.

SAIC Abandons EV Unit Rising Auto After Failing Battery Swap Efforts

SAIC Motor Corp discontinues electric vehicle unit Rising Auto due to underperformance in the battery swap market. Layoffs and restructuring ongoing, transitioning smart driving R&D to subsidiary Z-One Software. SAIC aims to achieve overseas sales target of 1.35 million vehicles by 2024 despite brand realignment.

Batteries EV SAIC

IM Motors secures over $1.1 billion in new financing

SAIC Motor Corp's electric vehicle unit IM Motors secures over $1.1 billion in funding for smart model development and technology advancement. Major investors include BOC Financial Asset Investment, CATL, and Momenta. Plans for global market expansion and launch of IM L7 in June 2022 to compete with Nio ET7.

EV Investment SAIC

10 months ago

SAIC Expands MG Model Line with High-End EVs from Rising Brand

SAIC, the Chinese automotive giant, showcases high-end electric models under its MG brand at the Geneva Motor Show to expand into new markets and boost sales. The move also benefits the struggling Rising brand, with plans for global market penetration.

Batteries EV MG SAIC

10 months ago

SAIC's IM Models to Be Rebranded as MG for European and South American Markets

SAIC plans to rebrand IM models as MG for Europe and South America to enhance global sales. With MG's success, SAIC aims for ambitious growth targets in 2024.

EV MG SAIC

10 months ago

Wuling follows BYD in cutting hybrid sedan prices to accelerate NEV adoption

SAIC-GM-Wuling and BYD have slashed prices on their hybrid sedans, sparking a shift towards NEVs in the Chinese market. The move is reshaping industry dynamics towards more affordable electric vehicles.

Batteries BYD EV GM SAIC Wuling

11 months ago

SAIC-GM-Wuling Unveils Thinnest Battery Pack for NEVs

SAIC-GM-Wuling launched the 'Wuling Red 1' battery pack, claiming it to be the thinnest for commercial vehicles, featuring advanced cooling and fast charging capabilities.

Batteries EV GM LCVs SAIC Wuling

11 months ago

SAIC's EV unit IM Motors offers discount on LS6 SUV

IM Motors, the EV arm of SAIC Motor Corp, is offering cash discounts on its LS6 SUV, competing with Tesla's Model Y. A recent permit approval in Shanghai indicates progress in autonomous driving technology.

11 months ago

SAIC-GM-Wuling Targets 700,000 NEV Sales in 2024

SAIC-GM-Wuling aims to sell 700,000 new energy vehicles in 2024, building on retail sales of 457,848 NEVs in 2023.

EV GM LCVs SAIC Wuling