SAIC

SAIC Group recently said its new generation of power battery system will go into production by the end of this year, achieving zero thermal runaway, and that the technology will be used in the latest high-end models of its R brand.

Chinese auto giant SAIC Motor will put its solid-state batteries with "world-leading " technology into production by 2025, it said.

China's new energy vehicle exports were nearly 70,000 units in 2020, with SAIC contributing nearly 50 percent.

SAIC will soon launch a "battery bank" to support the body-battery separation model, with a unified battery pack to be introduced by the end of this year or early next year.

"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.

IM Motors Tuesday unveiled details of its user operation program, which combines initial coin offering (ICO), cryptocurrency mining, and user relationship maintenance.

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