SAIC Motor (600104.SH) Latest News & Headlines | Longbridge

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Chevy Is Giving Up On The Chinese Market
InsideEVs·9 hours ago
- Chevrolet is halting vehicle sales in China while continuing local production for export to global markets excluding the U.S. - General Motors is shifting its Chinese market focus toward Buick and Cadillac, with plans to launch 30 new EV and PHEV models by 2030. - The decision follows plunging sales for Chevrolet amid fierce competition from domestic Chinese automakers and a lack of competitive New Energy Vehicles.
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Buick launches Electra L7 BEV in China, starting at $25,000 with 702-km range
CnEVPost·1 day ago, 04:20 AM
- General Motors 's Buick brand launched the Electra L7 BEV sedan in China with a starting price of about $25,000. - The mid-to-large sedan is built on an 800 - volt platform, features an 80.6 - kWh CATL LFP battery, and delivers a CLTC range of 702 km. - The model aims to expand Buick 's sedan lineup and compete directly with electric sedans from Toyota, Xiaomi, and Luxeed in China.
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VW's first sedan with urban NOA, ID. ERA 5S, opens pre-sales in China from about $17,100
CnEVPost·Aug 11 at 02:09 AM
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SAIC VW ID. ERA 5S plug-in hybrid sedan to begin pre-sales on August 11
CnEVPost·Aug 7 at 09:31 AM
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SAIC VW files ID. ERA 5X SUV, first all-electric model in ID. ERA lineup
CnEVPost·Aug 7 at 07:31 AM
- SAIC Volkswagen filed for the ID. ERA 5X, which is a compact all-electric SUV measuring 4,560 mm in length and built on the China Main Platform. - The vehicle features the CEA architecture developed with Xpeng, and uses a CATL lithium iron phosphate battery powering a 155 kW electric motor. - This filing expands Volkswagen's electric vehicle portfolio in China as the company prepares for the upcoming pre sales of the ID. ERA 5S sedan.
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Three of UK’s Top 10 Best-Selling Car Models in July Are Chinese
Yicai·Aug 7 at 03:28 AM
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12:14 ETGlobal Times: SAIC-GM's 20-year renewal highlights China's key role in auto innovation and global growth
prnewswire·Aug 6 at 11:16 AM
- SAIC Motor and General Motors have extended their joint venture partnership by 20 years to 2047 to accelerate the transition toward intelligent electric vehicles and advance global expansion. - The renewed agreement reflects General Motors' long-term commitment to the Chinese market and highlights China's role as a key hub for new energy vehicle innovation. - The joint venture plans to launch at least 30 new-energy vehicles by 2030 and expand its products into international markets including the Middle East, Africa, and South America.
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How recharged SAIC and GM tie-up plans to catch up with top EV makers in China
SCMP·Aug 6 at 05:36 AM
- SAIC Motor and General Motors have extended their joint venture by 20 years through 2047 to tackle fierce competition from domestic electric vehicle rivals. - The partnership plans to launch at least 30 electric vehicle models in China by 2030 to regain market share after sales dropped from a peak of over 4 million vehicles in 2017 to approximately 2.17 million units last year. - This collaboration leverages GM's global network and SAIC's access to China's supply chain, aiming to strengthen competitiveness and facilitate overseas distribution amid escalating trade tensions.
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Buick prices Electra L7 EV in China at about $25,000 in pre-sales
CnEVPost·Aug 6 at 05:26 AM
- Buick announced pre-sales for the all-electric Electra L7 sedan in China, with prices starting at approximately $25,020 after incentives. - The EV features an 800-volt architecture, CATL batteries providing a 702 km CLTC range, and Momenta-powered assisted driving. - The pre-sales launch follows the 20-year extension of the SAIC-GM joint venture, which plans to introduce at least 30 new energy vehicles by 2030.
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SAIC, GM Extend China JV Deal Through 2047
Yicai·Aug 6 at 01:22 AM
- SAIC Motor and General Motors extended their joint venture agreement for 20 years until 2047, aiming to launch at least 30 new energy vehicle models by 2030. - The partnership plans to accelerate smart cabin and autonomous driving technologies while exporting the Buick Electra L7 starting in October to expand into global markets. - Despite falling sales dropping to 535,000 units last year, the renewal highlights China's role as a core market for automotive innovation and industrial collaboration.
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GM will begin shipping electric Buick vehicles from China overseas, starting with this SUV
Electrek·Aug 5 at 10:46 AM
- General Motors and SAIC Motor extended their joint venture partnership in China for 20 years until 2047. - SAIC-GM plans to launch at least 30 new energy vehicles by 2030 and focus on the Buick and Cadillac brands. - SAIC-GM will begin exporting Buick new energy vehicles overseas later this year to drive international growth.
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Dow Jones Top Company Headlines at 1 AM ET: SpaceX Says Spending Spree Is Supercharging AI Revenues | The ...
MorningStar·Aug 5 at 12:27 AM
- Major corporate developments include SpaceX spending $15.8 billion on AI projects and Disney agreeing to sell its stake in A+E Global Media to Hearst for about $1.2 billion. - Regulatory updates feature new White House AI guidelines exempting U.S. open models from government review while testing highlights deceptive AI system behaviors. - Financial earnings show AMD shares falling 8 % as SpaceX commits to Nvidia chips, alongside varied quarterly performances from companies like Pinterest, Amgen, and Lucid.
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