SAIC Motor Corporation News

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.

cls.cnDec 25 22:50 ET

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.

cls.cnDec 25 20:28 ET

Express News | China's SAIC Says IM Motors Will Launch 2 Pure Electric Models and 2 Extended-Range Models in 2025

ReutersDec 24 23:22 ET

Express News | China's SAIC Says Its EV Brand IM Motors Completes a B-Round Fundraising of 9.4 Billion Yuan

ReutersDec 24 23:18 ET

Market Chatter: Chinese Automotive Makers See EU Market Share Slump Following Tariffs

MT NewswiresDec 24 00:15 ET

Market Chatter: Shanghai International Port, SAIC Motor Launch Port Operations in Jiangsu

MT NewswiresDec 17 02:52 ET

Market Chatter: SAIC Motor Appoints New Head of MG Brand

MT NewswiresDec 10 21:56 ET

Express News | Faw-VW, SAIC-VW Sold a Combined 269,834 Passenger Vehicles in China in November- China Auto Industry Body Cpca

ReutersDec 10 04:41 ET

There's No Escaping SAIC Motor Corporation Limited's (SHSE:600104) Muted Earnings Despite A 31% Share Price Rise

Simply Wall StDec 7 19:25 ET

Cosco Shipping Holdings subscribed 1 billion yuan to subscribe for 10% equity of Anji Logistics.

COSCO Shipping Holdings (01919) announced that on December 6, 2024, the company entered into a capital increase agreement and a shareholder agreement with Anji Logistics, Shanghai International Port, and the current shareholders of Anji Logistics. According to the capital increase agreement, the company and Shanghai International Port agreed to contribute 1 billion yuan (approximately 1.083 billion Hong Kong dollars) respectively in accordance with the terms and conditions of the capital increase agreement, and to subscribe to an additional registered capital of 75 million yuan (approximately 81.2392 million Hong Kong dollars) in Anji Logistics. Before the completion of the capital increase, the group did not hold shares in Anji Logistics. After the completion of the capital increase, the group will hold 10% of the shares in Anji Logistics.

Sina Hong Kong stocksDec 6 20:51 ET

SAIC Group (600104.SH): SAIC's new generation solid state battery is based on the technical route of polymer-inorganic composite electrolyte.

On December 6, Glonghui reported that SAIC Motor Corporation (600104.SH) stated on the interactive platform that the new generation solid state battery developed by SAIC is based on a polymer-inorganic composite electrolyte technology route.

Gelonghui FinanceDec 6 05:04 ET

Market Chatter: General Motors Says JV With SAIC Remains Closer Despite Looming Restructuring

MT NewswiresDec 6 04:54 ET

SAIC Motor (SHSE:600104) Has A Somewhat Strained Balance Sheet

Simply Wall StDec 4 18:44 ET

Wisdom Share (301600.SZ): SAIC has always been the company's largest customer, with SAIC's revenue accounting for 38.77% in 2023.

On December 3rd, Glonghui reported that Huihan Co., Ltd. (301600.SZ) stated in its investor relations that in 2023, SAIC accounted for 38.77% of its revenue, and SAIC has always been the company's largest customer. For many years, SAIC has been the largest auto manufacturer in the country and has also moved early in the layout of intelligent connected autos, with its first intelligent connected auto project designated to Huihan and entering mass production. The company has also maintained a good and stable cooperative relationship with SAIC over the years, and SAIC highly recognizes the company's technical strength.

Gelonghui FinanceDec 3 07:00 ET

SAIC Motor Group Production and Sales Report for November 2024

SZSIDec 2 11:00 ET · Announcements

SAIC Group (600104.SH): The total vehicle sales volume in November was 0.4788 million vehicles, a year-on-year decrease of 7.06%.

Gelonghui reported on December 2nd that SAIC Motor Corporation (600104.SH) announced that the total vehicle sales in November 2024 were 478,800 units, a year-on-year decrease of 7.06%; the cumulative sales were 3.53 million units, a year-on-year decrease of 19.48%. Among them, the sales of new energy fund vehicles in November were 174,900 units, a year-on-year increase of 16.06%; the cumulative sales were 1.08 million units, a year-on-year increase of 19.53%. The sales of exports and overseas bases in November were 94,200 units, a year-on-year decrease of 20.05%; the cumulative sales were 937,500 units, a year-on-year decrease of 12.13%.

Gelonghui FinanceDec 2 05:15 ET

Express News | SAIC Motor Nov Vehicle Sales Volune Down 7.1% Y/Y

ReutersDec 2 05:15 ET

November electric vehicle delivery report: BYD's electric vehicle sales exceeded 0.5 million, Xiaopeng broke through 0.03 million for the first time, and Chongqing Sokon Industry Group Stock saw a year-on-year sales growth of 54.58%.

Last month, the delivery volume of the Xiaomi SU7 continued to exceed 20,000 units, and Xiaomi expressed confidence in achieving the new delivery target of over 130,000 units for the year.

wallstreetcnDec 1 18:06 ET

Market Chatter: SAIC Motor, Volkswagen Extend China JV to 2040

MT NewswiresNov 27 23:25 ET

Market Chatter: BYD, SAIC Motor Ask Suppliers to Cut Prices as China's Price War Escalates

MT NewswiresNov 27 20:54 ET