SAIC

EU holds hearing on additional tariffs at SAIC's request

SAIC said in the hearing that the European Commission's anti-subsidy investigation involves commercially sensitive information and that there were errors in the determination of subsidies.

SAIC's MG brand eyeing Spain for its 1st EV plant in Europe, report says

MG will make a decision by September 30, targeting the fourth quarter of 2027 to produce its first vehicle at the European plant, according to a report in Spanish media outlet Europa Press.

MG unveils new electric sports car MG Cyber GTS at Goodwood Festival of Speed in UK

The MG Cyber GTS, unveiled at the Goodwood Festival of Speed 2024 in the UK, is a two-door, four-seat hardtop sports car.

SAIC demands EU hearing on additional tariffs

SAIC says it will raise further defenses due to unreasonable and erroneous aspects of the European Commission's anti-subsidy investigation.

SAIC, Audi formally sign tie-up deal, 1st jointly developed EV due to hit market in 2025

SAIC and Audi are combining their resources to jointly develop a series of EV models, with the first product expected to go on sale in 2025.

SAIC forms JV with Indian steelmaker JSW to produce MG-branded EVs

The joint venture plans to launch a new product, including NEVs, every three to six months starting this year, with two new products to be launched this year.

Rising Auto says it's moving forward with asset-light strategy, denies recent rumors as 'untrue'

Rising Auto said all is well with it and will launch a new model in the middle of the year.

SAIC abandoning EV unit Rising Auto, report says

Employees at Rising Auto are expected to be laid off by more than 70 percent, while the remaining employees are likely to get a pay cut, according to local media.

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.