Industry News2 Min Read RainManonMarch 22, 2024 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…
Industry News2 Min Read RainManonMarch 17, 2024 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.
Industry News2 Min Read RainManonMarch 15, 2024 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,…
Industry News2 Min Read RainManonJanuary 18, 2024 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.
Industry News2 Min Read RainManonJanuary 17, 2024 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.
BYD Policy2 Min Read RainManonJanuary 12, 2024 EU investigators to come to China to inspect BYD, Geely and SAIC, report says European Commission investigators will come to inspect Chinese carmakers in the coming weeks as part of an investigation into whether to…
Industry News2 Min Read RainManonNovember 6, 2023 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.
Industry News2 Min Read RainManonOctober 13, 2023 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.
Industry News2 Min Read RainManonSeptember 12, 2023 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…
Battery News2 Min Read RainManonAugust 31, 2023 SAIC to form JV with startup QingTao to make solid-state batteries SAIC's joint lab with QingTao completed tests to install first-generation solid-state batteries into prototype vehicles with a maximum range…