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 aims to sell 1.35 million vehicles overseas in 2024

    SAIC sold about 1.21 million vehicles overseas in 2023, and the target implies a 12 percent growth.

  • IM Motors gets permit to test L3 self-driving vehicles in Shanghai

    IM Motors is applying to the Chinese industry regulator for L3 product entry, with its models expected to be among the first to begin L3 self-driving pilots.

  • SAIC's MG brand sees 1st Thailand-made MG4 EV roll off line

    MG topped China's NEV exports in the first half of this year with a 25.3 percent share.

  • SAIC's EV arm IM Motors launches new SUV LS6: Prices start at $31,480, LiDAR standard

    The LS6 is IM Motors' third model and the least expensive in its lineup, with a LiDAR and Nvidia Orin chip as standard.

  • SAIC expects to sell over 1.2 million cars overseas this year

    SAIC said it is in the process of selecting sites for its European vehicle manufacturing bases. The carmaker currently has four overseas vehicle manufacturing sites, and it sold 733,140 vehicles overseas in the January-August period.

  • SAIC's 1st customized ocean-going car carrier launched

    A previous report said that a number of Chinese automakers, including Chery and Nio, were planning to order their own car carriers.

  • SAIC-GM-Wuling launches Baojun Yunduo compact EV with starting price of about $13,270

    The Baojun Yunduo is the second model launched by the Baojun brand this year and is expected to compete with the BYD Dolphin and Volkswagen's ID.3.

  • SAIC's EV unit Rising Auto plans to add over 50 swap stations by year-end

    Rising Auto said in March that it has three battery swap stations in Shanghai and has completed the selection of sites for more than 50 battery swap stations in 10 cities.

  • SAIC's MG brand cuts MG Mulan EV price by 17% in China

    The MG Mulan is a compact EV launched by the MG brand in September 2022 and a model for the global market.

  • Wuling mulls post-delivery fuel-engine option for Baojun Yep

    Wuling is considering offering a range-extender option for the Baojun Yep, which would provide the mini EV with the ability to get an extra 80 kilometers of range by refueling.