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NEWS TAGGED SAIC
Wednesday 22 May 2024
Audi partners with SAIC to develop China-specific EV platform; first vehicle to come next year
Premium carmaker Audi has deepened ties with its Chinese partner SAIC Motor as Western automakers try to catch up in the world's largest EV market.
Monday 13 May 2024
SAIC welcomes Indian strategic investor despite cooling China-India relations
According to a corporate filing to the Shanghai Exchange, MG Motor, a subsidiary of SAIC, plans to introduce investors such as JSW Ventures Singapore Pte. Limited (referred to as...
Tuesday 20 February 2024
Thousands of VWs stuck at US ports due to violation of UFLPA, say reports
Reports from international media indicate that Volkswagen's vehicles, including thousands of Porsche cars, hundreds of Bentley cars, and thousands of Audi cars, are being held at...
Friday 16 February 2024
Chinese EVs to gain traction in Europe despite obstacles on the horizon
Latest data showed China has won the title of the world's largest automobile exporter for the first time, thanks partly to its leading EV expertise. The automotive industry has watched...
Thursday 28 December 2023
Chinese automakers' offense drives global car industry development
China's automotive industry reached a milestone in 2023. The country became the world's largest car exporter this year and saw the homegrown automakers occupy over 50% of the domestic...
Tuesday 26 December 2023
China's micro EVs doomed by updated purchase tax exemption rules
The Chinese government recently revised the eligibility for EVs to be exempted from the purchase tax. The new rules require the vehicles to offer a longer driving range and higher...
Monday 25 September 2023
China sees NEV exports grow by 82%
The European Union's investigation into China-made EVs again drew the world's attention to China's leading position in the EV market. According to Cui Dongshu, secretary general of...
Friday 4 August 2023
Infineon to build 200mm SiC fab in Malaysia
The trend toward decarbonization will lead to robust market growth for power semiconductors, particularly those based on materials with wide bandgaps. According to Infineon Technologies,...
Monday 24 July 2023
Thailand leads as SEA sees BEV sales grow almost 10 times from 2022
Thailand is on track to be the EV hub in Southeast Asia. According to research firm Counterpoint, Thailand accounted for 78.7% of the battery EV sales in the region in the first quarter...
Friday 21 July 2023
Audi, SAIC EV tie-up a 'coming of age' for Chinese automaking
A move by Volkswagen AG's Audi division to partner with SAIC Motor Corp. to develop electric vehicles marks a turning point in China's automotive industry from learning from foreign...
Friday 21 July 2023
Chinese IC designers keen to develop homegrown smart cockpit SoCs
Along with cars moving toward electrification and intelligence, the smart cockpit market is gradually gaining prominence. Currently, many Chinese carmakers adopt intelligent cockpit...
Friday 21 July 2023
SAIC will help Audi accelerate EV development in China
Audi hopes to gain EV market share in China as its collaboration with Shanghai-based SAIC Motor grows deeper. SAIC confirmed on July 20 that the pair will further its partnership...
Wednesday 5 July 2023
SAIC Motor exploring production sites in Europe
Shanghai-based SAIC Motor is poised to scale up in Europe. The automaker said on July 4 that it saw car sales outside China grow by 40% in the first half of the year, driven mainly...
Tuesday 20 June 2023
SAIC Motor will establish CNY6 billion fund to grow automotive IC investment
China's largest carmaker SAIC Motor has put more effort into securing semiconductor supply. It announced on June 19 that it will inject over CNY6 billion (US$837.6 million) with a...
Tuesday 23 May 2023
BYD evaluates building a European plant; SAIC to roll offline EVs with solid-state batteries in 2025
EV company BYD is looking to expand production capacity in Europe. According to media reports, it is considering several countries in which to build a plant, including France. On...