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The Latest Breaking News from SAIC Motor

Tesla sales down by 40% in Europe while Chinese BYD triples its sales

New EU car registrations jumped by 7.4% in July year-on-year. EV sales are increasing, but Tesla is losing momentum in the bloc as Chinese competitor BYD grows in popularity, tripling its sales in the first seven months.

Euronews

Morning Midas Cargo Ship Sinks Weeks After Catching Fire: What EV Brands Sank With It?

Sources familiar with the shipment say it included vehicles from prominent Chinese brands such as SAIC Motor, Chery Automobile Co., and Great Wall Motor Co.

International Business Times UK

New car registrations fall in Europe and Tesla sees another drop

Tesla sales are still declining in the EU, while Chinese state-owned manufacturer SAIC Motor is increasing its market share.

Euronews

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Inside Ford's Plan To Outfox China's EV Companies

Today on Critical Materials: Ford's affordable EV will match China's costs, Tesla will pause production lines (again) and China hits an important chip milestone

InsideEVs

Auto Shanghai To Showcase Electric Competition At Sector's New Frontier

The world's biggest auto show opens Wednesday in Shanghai, with foreign carmakers raring to show they can compete against the ultra-competitive Chinese firms that dominate the sector's new electric frontier.

International Business Times

GM’s 100-year-old China business can’t keep up with the country's EV boom

The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.

Fortune

China’s carmakers don’t see the country’s fierce price war ending anytime soon as they press suppliers for discounts

Both BYD and SAIC Motor reportedly asked suppliers for 10% discounts amid fierce competition in China’s oversaturated EV sector.

Fortune

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Audi's Most Interesting EV Is Only for China

Audi partnered with SAIC Motor on a new sub-brand to build cars exclusively for the Chinese market. The fledgling company is called AUDI—all caps—and is "shaped 100-percent by the Audi DNA" with one notable exception. You won't see four-rings badging anywhere on its cars.

Motor1

MG Cyberster brings open-top fun to electric cars at last

Fortune took a hands-on drive of this much-hyped EV in the Scottish highlands and the potholed streets of London.

Fortune

Triple threat: MG3 Hybrid+ Trophy

For the consumer, the MG revival is a thing of wonder, writes Sean O’Grady. Technologically advanced, unconventional and handsome. Has Shanghai accidentally reincarnated the MG Metro of the 1980s?

The Independent UK

China's MG Motor Is Conquering Europe. Now It Wants To Build A Factory In Mexico

Former British marque MG Motor is owned by China's SAIC Motor. They're now intending to steadily expand in Latin America.

InsideEVs

Top Stories of the Month: How the EU’s New Tariff Hikes Will Affect China

The bloc formally notified carmakers including BYD, Geely Auto and SAIC Motor that they will be subject to additional duties of up to 38.1% from July 4

Caixin Global

Weekly Must-Read: How the EU’s New Tariff Hikes Will Affect China-Made EVs

The bloc formally notified carmakers including BYD, Geely Auto and SAIC Motor that they will be subject to additional duties of up to 38.1% from July 4

Caixin Global

Tesla Reportedly Part Of EU Probe Into China-Made EV Imports

The EV maker was reportedly among the companies found to have likely benefited from Chinese state subsidies during the evidence-gathering for the probe.

InsideEVs

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InsideEVs

VW Group Interested In Leapmotor EV Platform For Jetta Brand: Report

The news comes after last week Volkswagen and Audi announced technology-sharing deals with China's XPeng and SAIC Motor, respectively.

InsideEVs

Audi And SAIC Motor Confirm EV Partnership In China

Audi and SAIC said the agreement will allow them to accelerate the electrification of their portfolios in China's fast-growing EV market.

InsideEVs

Audi Reportedly In Talks With SAIC To Buy IM Motor EV Platform

Since parent company VW Group's SSP platform is delayed until at least 2029, Audi is reportedly looking for alternatives to underpin its Sphere family of EVs.

Bangkok Post

SAIC Motor starts construction of new energy industrial park in Thailand

SHANGHAI: Chinese car manufacturer SAIC Motor announced Tuesday that it has started construction of a new energy industrial park in Thailand, which is expected to focus on localised production of key auto parts for the company's new energy vehicles (NEVs).

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Benzinga

Benzinga Before The Bell: Tesla's Autopilot Attracts Regulatory Ire Again, Roblox Poaches Meta Official, Snap Cancels Drone Project And Other Top Financial Stories Friday, August 19

Reuters Pilot Strike, Delayed Aircraft Delivery Force SAS To Cancel 1,700 Flights

InsideEVs

Maxus T90EV Is The UK's First Electric Pickup, Starts At £49,950

The T90EV is the all-electric version of the Maxus T90, a midsize pickup produced by SAIC Motor since 2021; UK deliveries of the T90EV will start in Q1 2023.

InsideEVs

MG EV Roadster Teased For The First Time As Electrifying MX-5 Rival

Previewed by the eccentric Cyberster Concept last year, the production model is likely to use the MG4's Modular Scalable Platform (MSP) developed by SAIC Motor.

InsideEVs

MG To Launch 2023 MG4 EV Compact Hatch In The UK In September

The MG4 EV will be initially available with 51 kWh and 64 kWh batteries enabling 218 miles and 281 miles of range on the WLTP cycle, respectively.

Caixin Global

Top Automaker SAIC Moves to Resume Production in Shanghai

Preparations after three weeks of Covid lockdowns focus on ensuring personnel and supply chains with virus-control measures

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