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:
  • MG launches limited-edition new variant for electric roadster Cyberster in China

    The new variant of the Cyberster revives the color scheme of some of the classic models in MG's history, with only 100 units offered in the first round of sales.

  • SAIC's EV unit IM Motors offers $1,670 discount on LS6 SUV

    The LS6 went on sale in October 2023 and is a Tesla Model Y competitor.

  • SAIC-GM-Wuling aims to sell 700,000 NEVs in 2024

    SAIC-GM-Wuling had NEV retail sales of 457,848 in 2023, ranking fifth in the segment with a 5.9 percent share.

  • SAIC's new car carrier makes maiden voyage, aims to add 14 vessels in 3 years

    A new car carrier joins the fleet of SAIC's Anji Logistics, bringing the total number of vessels to 31.

  • 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.