Tag: SAIC
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SAIC|Production and Sales Express|Delivered 2.45 Million Vehicles from January to July, Maintaining Industry Leadership
SAIC delivered a total of 2.45 million vehicles from January to July 2024, maintaining its leadership position in the industry. Despite domestic demand slump, price competition, and overseas pressures, growth in new energy vehicles and overseas markets remains strong, with retail sales and inventory reduction in July increasing by 5.1% compared to the previous month.…
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SAIC|SAIC Ranked 93rd in the 2024 Fortune Global 500
SAIC August 5, 2024 20:02 Fortune magazine announced the 2024 Fortune 500 list, and SAIC ranked 93rd. In 2023, SAIC achieved consolidated operating revenue of $105.2 billion, maintaining its leading position among Chinese automotive companies. SAIC has accelerated innovation and transformation, achieving significant results in its independent brand, new energy, and overseas markets. In 2023,…
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SAIC Defends Against EU Anti-Subsidy Preliminary Ruling in Hearing
SAIC Group July 22, 2024 16:09 On July 19, the European Commission held a special hearing in Brussels regarding the anti-subsidy investigation at SAIC’s request. SAIC submitted its defense against the preliminary ruling, stating the European Commission’s preliminary ruling is unfair, unreasonable, and illegal. SAIC reserves the right to take further legal action before the…
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SAIC Weekly|Tao Hailong Appointed General Manager of SAIC Volkswagen; VW/SAIC Financial Holdings Successfully Issue 2 Billion Technology Innovation Bonds
SAIC Group July 22, 2024 16:09 SAIC Group announced that Tao Hailong has been appointed as the general manager of SAIC Volkswagen, and the Municipal State-owned Assets Supervision and Administration Commission has investigated SAIC-GM. The Roewe D5X DMH ranked first in the comprehensive fuel consumption category for hybrid SUVs in the 100,000 class, and SAIC-GM…
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News | SAIC and Purple Mountain Research Institute Sign Strategic Cooperation Agreement to Jointly Develop Industry’s First “Endogenous Safety Car”
SAIC Motor Corporation 2024-07-09 17:34 Shanghai SAIC Motor Corporation (SAIC) and the Purple Mountain Research Institute have signed a strategic cooperation agreement to jointly develop applications of endogenous safety technology for intelligent connected vehicles. The cooperation includes comprehensive collaboration in areas such as information security testing tools for intelligent connected vehicles, security of cloud control…
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SAIC Requests EU to Hold a Hearing
SAIC Motor Corporation, July 5, 2024, 16:02, Shanghai SAIC Motor Corporation has requested the European Union (EU) to hold a hearing. This move aims to ensure a fair competitive environment in the European market and to clarify the company’s position.
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SAIC Delivers 2.12 Million Vehicles in H1 2024, Maintaining Industry Leadership
SAIC Motor Corporation, July 5, 2024, 16:02, Shanghai SAIC Motor Corporation delivered 2.12 million vehicles in the first half of 2024, maintaining its leading position in the industry. This achievement reflects the company’s production capacity and market demand.
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SAIC Weekly|10,000th ZXD1 Production Milestone/IM Motors Obtains UN R155 Certification
SAIC Group has achieved the production milestone of the 10,000th ZXD1 and IM Motors has obtained the UN R155 vehicle cybersecurity management system certification. Additionally, the Zero束 smart vehicle operating system received ISO 26262 ASIL D certification, and Jien Hydrogen Technology was awarded the national manufacturing single champion. Source: SAIC Group, June 24, 2024
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SAIC Weekly|SAIC Group Issues Public Statement on EU Anti-Subsidy Tax Decision / SAIC Delivers 347,000 Vehicles in May, Maintaining Industry Leadership
On June 13, 2024, SAIC Group issued a public statement regarding the EU Commission’s anti-subsidy tax decision. Additionally, SAIC delivered 347,000 vehicles in May, maintaining its leadership position in the industry. Furthermore, Zuo Zijie, Vice President and Chief Engineer of SAIC Group, gave a speech at the 2024 China Automotive Chongqing Forum. Source: SAIC Group,…
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SAIC Group’s Public Statement on the European Commission’s Anti-Subsidy Tax Decision
SAIC Group has issued a public statement regarding the European Commission’s decision to impose anti-subsidy taxes on Chinese-made electric vehicles. SAIC Group believes this decision is unfair and has expressed its objections. The group also stated its commitment to strengthening its competitiveness in international markets and pursuing sustainable growth. (From SAIC Group’s official WeChat page,…