According to the China Automobile Manufacturers Association, the top ten companies (groups) in automotive sales for 2024 sold a total of 26.704 million vehicles.
According to Statistics from the China Automotive Industry Association, in 2024, the top ten companies (groups) in terms of car sales sold a total of 26.704 million Autos, accounting for 84.9% of the total car sales.
SAIC Motor Corporation (600104.SH): The Zhiji L6 Light Year Edition equipped with the first generation Solid State Battery has been declared to the Ministry of Industry and Information Technology.
On January 17th, Gelonghui reported that SAIC Motor Corporation (600104.SH) stated on its investor interaction platform that SAIC Qingtao is committed to innovative research in materials, Cells, and systems to develop and produce a new generation of high safety and cost-effective Solid State Battery. It holds intellectual property rights for the Solid State Battery, and the Zhiji L6 Light Year version, equipped with the first generation of Solid State Battery, has been submitted to the Ministry of Industry and Information Technology.
The American automotive industry's established brands make a strong comeback.
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Guolian: In 2025, the policy for replacing old Autos will provide support, and the intelligent transformation will reach an accelerated turning point.
Looking ahead to 2025, with policy support, the total sales of Autos are expected to stabilize and rise; as the Industry Chain resonates, the intelligentization of Autos is entering an acceleration turning point.
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Foryou Corporation (002906.SZ): Provides various automotive electronic products for SAIC Motor Corporation.
On January 10, Gelonghui reported that Foryou Corporation (002906.SZ) stated on the investor interaction platform that SAIC Motor Corporation is one of the company's important clients, and the company provides various Autos electronic products for them.
SAIC to Make Battery Swap-enabled Models Based on CATL's Solution
Express News | China's SAIC: Signed Strategic Agreement With Catl on Deepening Cooperation in Areas Including Battery Aftermarket and Overseas Business Expansion
Huian Co., Ltd. (301600.SZ): The eCall product has been equipped on multiple models of independent brands such as SAIC Group, Chery Automobile, Geely Automobile, Great Wall Motor, BYD, and NIO.
On January 6, Gelonghui reported that Huihan Co., Ltd. (301600.SZ) recently stated in investor relations activities that the company's eCall products have been equipped in multiple models of self-owned brands such as SAIC Group, Chery Automobile, Geely Automobile, Great Wall Motor, BYD, and NIO. They are exported to overseas markets including the European Union, United Kingdom, Japan, and the United Arab Emirates, assisting China's self-owned brand vehicle manufacturers in advancing their internationalization and Asia Vets processes.
Market Chatter: Gloomy Prospects Face China Car Dealers in 2025 on Dismal 2024 Performance
Express News | SAIC-VW: Sold 1.2 Mln Cars in 2024, Including Over 143,000 New Energy Vehicles
Express News | China's IM Motors: Offers Time-Limited Cash Subsidies of 15,000 Yuan per Car Purchase
These Return Metrics Don't Make SAIC Motor (SHSE:600104) Look Too Strong
SAIC Motor Group Production and Sales Report for December 2024
SAIC Motor Corporation (600104.SH): The vehicle sales for 2024 are expected to be 4.013 million units, a decrease of 20.07% year-on-year.
SAIC Motor Corporation (600104.SH) announced that the total vehicle sales for SAIC Group in 2024 will be 4.013 million units...
Express News | Jsw Mg Motor India - Records Monthly Sales of 7516 Units in Dec 2024
NCMA Welcomes SAIC as a New Adopter of the Contract Management Standard (CMS)
After building cars, will we create 'humans'? Over ten car companies are laying out plans, has it become a necessary option in the AI era?
① The Chairman of Ideal Automobile, Li Xiang, responded to whether there will be humanoid robots, stating that the probability is definitely 100%, but the timing is not now; ② Apart from Tesla, Chinese brands including BYD, Guangzhou Automobile Group, Chery Automobile, Xiaomi, Chongqing Sokon Industry Group Stock, Xpeng Motors, SAIC Motor, Chongqing Changan Automobile, and Dongfeng Automobile are all involved in the field of humanoid robots.
Zhiji and Avita have recently attracted significant investment, with 'state-owned investors' fully backing New energy Fund automobiles.
① The 9.4 billion yuan financing for Zhiji Autos has continued support from both state-owned investment Institutions and market-oriented investment Institutions. ② From Zhiji Autos in Shanghai to Avita in Chongqing, then to GAC Aion, NIO in Hefei, and Li Auto in Changzhou, the involvement of local state-owned assets reflects the demand for industry drive and regional development. ③ After the conclusion of the Central Economic Work Conference, local governments are actively promoting industrial upgrades, demonstrating their main roles and responsibilities in the transition between new and old drivers of growth.