VW and SAIC to Develop two New EV Models
Volkswagen and SAIC have signed a series of technical cooperation agreements for new products as part of their Chinese joint venture. These include the development of two all-electric models and three plug-in hybrid models in China and Germany, which will…
China’s SAIC Aims to Slash Jobs at GM, VW Ventures and EV unit, Sources Say
CHINA’S SAIC Motor aims to cut thousands of jobs this year at its joint ventures with General Motors and Volkswagen and at an electric-car unit, two people with knowledge of the matter told Reuters. The state-owned automaker hopes to cut…
SAIC-GM EVs Will Gain Access To Tesla Superchargers In China
The SAIC-GM joint venture between SAIC and General Motors has announced an agreement with Tesla to secure access to the Tesla Supercharging network in China. It’s a first-of-its-kind deal between an automaker and Tesla related to the opening of the…
Audi And SAIC Join EV Development
Audi and Shanghai Automotive Industry Corporation (SAIC) have agreed to co-operate on electric vehicle development in a move aimed at strengthening their respective positions in the Chinese car market, according to a statement made by the Chinese state-owned car maker…
Audi In Talks To Buy Chinese Automaker SAIC’s EV Platform
Germany’s Audi is in talks with SAIC Motor Corp to buy an electric vehicle platform from the Chinese state-owned automaker, two people familiar with the matter said, an unprecedented effort to shore up market share. The move, coming as sales…
VW’s China Joint Venture Transforms Shanghai Plant For EV Production
Volkswagen’s Chinese joint venture with SAIC Motor has transformed one of its plants in Shanghai for production, research and development of electric vehicles (EV), the German automaker said on Tuesday. Production of internal combustion engine models at the main plant of…
Alibaba Launches Electric Car In Tie-Up With SAIC
Chinese e-commerce group Alibaba Group Holding has stepped up its involvement in China’s electric vehicle sector, launching a sedan with wireless charging under a new brand formed together with SAIC Motor, the country’s largest car company. In another sign of…
Chinese Car Maker Faces Hurdle In A Bid For Govt EV Tender
Energy Efficiency Services (EESL), the government’s electric vehicles procurement arm, has said that MG Motor, a subsidiary of China’s Shanghai Automotive (SAIC), will stand disqualified for their upcoming e-vehicles tender in the absence of an official clearance by a panel…
San Francisco-Based Startup ampUp Raises Funding From Hyundai, SAIC
ampUp today announced the Company has raised an undisclosed amount to accelerate development of electric vehicle and charging technologies. Investors include leading automakers SAIC Motor and Hyundai Motor Company, while Forest Ventures and others participated in the round. “We are…
