SAIC

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.

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.

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.

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.