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 says it sold over 280,000 NEVs in H1, up over 400% from a year earlier

    SAIC sold about 260,000 units overseas in the first half, up nearly 100 percent year-over-year, the company said.

  • SAIC ups its bet on smart driving for commercial vehicles

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

  • SAIC reports revenue of $55 billion in H1, up 30% year-over-year

    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.

  • Wuling claims over 3,000 orders for KiWi EV in first week of pre-sale

    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 sold 352,546 vehicles in July, down 23 percent from a year ago

    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 partners with OPPO to improve in-vehicle user interaction

    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.

  • Wuling Hongguang Mini EV gets another competitor

    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 says its new energy passenger vehicle sales exceeded 10,000 for fifth consecutive month

    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.

  • Why does SAIC continue to produce Mini EV when each car contributes less than $14 net profit?

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

  • SAIC is China's top vehicle exporter in H1

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