SAIC

In the first quarter of 2021, SGMW shipped in excess of 100,000 electric cars in China, leaving behind Tesla, Nio, BYD and all others.

SAIC will soon launch a "battery bank" to support the body-battery separation model, with a unified battery pack to be introduced by the end of this year or early next year.

SAIC-GM-Wuling announced on April 19 that Chinese drone company DJI's smart driving solutions will be used in BAOJUN models, which will start mass production within the year.

IM Motors, a SAIC-Alibaba partnership, has announced the first offerings of its L7, the "Angel Investment Edition," and a pre-sale price of RMB 408,800 ($62,821).

"Our position for SOA is that we want to make it the Android of the automotive industry," SAIC said.

SAIC said the auto industry is changing from a "product-centric era" to a "user-centric" one, and that smart, connected cars that are closer to the user are "coming".

Although the chip shortage will continue for some time, SAIC has the advantage of a strong industry chain system and will work with the industry to overcome the difficulties, the company said.

The figure is equivalent to 3.6 percent of the company's sales of 5.6 million vehicles last year and 3.2 percent of this year's sales target of 6.17 million vehicles.

SAIC's R brand unveiled its LiDAR-equipped electric SUV concept and corresponding technology brand, RTECH, on March 18.

In addition to offering battery swap-enabled models for the cab market, SAIC Roewe is also considering offering such models for the average consumer, providing a new endorsement for a model strongly advocated by Nio.