SAIC

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SAIC Motor is one of China's largest state-owned automakers, headquartered in Shanghai.
Founded: 1955
Type: State-owned
Ticker: SHA: 600104
HQ: Shanghai
2024 revenue:
  • SAIC sells 91,297 NEVs in June, up 27% from May

    In June, SAIC's NEV sales accounted for 18.88 percent of total sales. The company aims to increase that share to at least 32 percent by 2025.

  • SAIC exploring deep integration of vehicle systems with phones

    Nio doesn't seem to be alone in trying to get cell phones to interact better with vehicles.

  • IM Motors, backed by SAIC and Alibaba, begins deliveries of its first model

    IM Motors L7 is positioned similarly to Nio's ET7 sedan, which began delivery in late March, as a mid-size, all-electric premium sedan.

  • SAIC-GM-Wuling to unveil first model to use DJI's smart driving system

    The model could be based on the Baojun KiWi EV and equipped with DJI's D80/D80+ smart driving system.

  • Wuling's first global EV model, Air EV, debuts in Indonesia

    The Air EV will be launched globally in the second half of this year and will accelerate the expansion of Wuling's NEVs in overseas markets, SAIC-GM-Wuling said.

  • SAIC-GM-Wuling to assemble its mini EVs in Indonesia

    The exported models are based on the GSEV architecture and will be assembled and produced at SAIC-GM-Wuling's Indonesian subsidiary.

  • SAIC's Rising Auto to use Huawei's head-up display system in its R7 SUV

    The AR-HUD system offers a 13°*5° field of view, the world's largest, to create a flat-screen AV experience while parked 7.5 meters in front of the driver.

  • SAIC Audi's Q5 e-tron SUV goes on sale in China with starting price of about $55,760

    SAIC Audi's Q5 e-tron has a pricing range that overlaps significantly with the Nio ES6, but the specs look lower.

  • SAIC reportedly to launch stress test for production resumption on April 18

    SAIC is conducting an internal assessment, which is expected to allow production to restart with the Covid lockdown still in place.

  • SAIC sells 74,509 NEVs in March, up 20% year-on-year

    SAIC sold 443,045 units of all vehicles in March, with NEV sales contributing 16.8 percent.