SAIC

A wave of autonomous driving is sweeping China's auto industry, and commercial vehicles are being included.

SAIC's first-half net profit attributable to shareholders of the listed company was RMB 13.31 billion, up 58.61 percent year-over-year.

The KiWi EV, which has been available for pre-sale since August 11, is offered in two versions, a base version priced at RMB 69,800 ($10,766) and a premium version priced at RMB 78,800.

SAIC Group's car sales in July were 352,546 units, down 22.95 percent from 457,558 units a year ago, according to data released by the company Friday.

SAIC Group, China's largest local automaker, and smartphone giant OPPO signed a cooperation agreement on August 5, aiming to bring the cell phone experience into the car.

The Pocco Duoduo, a new car from local Chinese carmaker Pocco that competes with the Wuling Hongguang Mini EV, will open for pre-sale on August 6, the company announced Thursday.

SAIC passenger car sales in July were nearly 70,000 units, up 17 percent year-over-year, and cumulative sales from January to July were up 54 percent year-over-year.

Mini EV is priced at RMB 28,800 ($4,451)-RMB 43,600, and its parts cost up to about RMB 20,000.

The top 10 companies are SAIC Motor, Chery, Changan, Dongfeng Motor, GWM, Geely, BAIC, Tesla, JAC Motors and Sinotruk.

SAIC Motor, China's largest local automaker, announced on July 20 that it has signed an agreement with Inner Mongolia's Ordos municipal government to invest 2 billion yuan ($308 million) to build a fuel cell heavy truck chain there between 2021 and 2025.