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 to invest $45.8 billion in innovation including smart EVs over next 5 years

    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".

  • SAIC says it is taking steps to reduce impact of chip shortage

    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.

  • SAIC reportedly cutting production by 200,000 vehicles due to chip shortage

    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 R brand announces LiDAR-equipped electric SUV concept

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

  • SAIC Roewe considers battery swap-enabled models for mass market

    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.

  • Short video platform Kuaishou to sell Wuling Hongguang Mini EVs at discounted price

    TikTok's local competitor Kuaishou announced on March 7 that it has partnered with SAIC-GM-Wuling to sell limited-edition Wuling Hongguang Mini EVs at a discounted price.

  • Wuling Hongguang Mini EV sales reach 200,000 units after 200 days on the market

    That means the model is selling an average of 1,000 units per day, setting a global record for sales of a small new energy vehicle.

  • SAIC R brand's first supercharging station begins operation with up to 120kW of power

    The first Supercharger station of Chinese automaker SAIC’s R brand has been put into operation at Shanghai Nanxiang Incity MEGA, offering DC Supercharging up to 120kW as well as AC slow charging.

  • SAIC to hold developer conference in April, aims to build software ecosystem for cars

    Chinese auto company SAIC announced on February 22 that it will hold a developer conference in April to invite car users and developers to build a smart car ecosystem on the SOA platform.

  • SAIC's NEV sales reach 58,000 units in January, up 446.6 percent YoY

    SAIC Motor said on February 8 that it became the top seller of new energy vehicles (NEV) in China in January with 58,000 energy vehicles sold in that month, up 446.6 percent year-on-year.