SAIC Motor Corp
SAIC Motor to Build Audi Cars in China
| S. Rina | | Nov 13, 2016 01:15 PM EST |
China's SAIC Motor Corp has inked a deal with Audi AG, which may see the Chinese company producing the luxury cars. The deal was signed on Friday and is likely to be announced on Monday.
China's new Policy Seeks to Limit Number of Electric Vehicle Makers
| Charissa Echavez | | Aug 30, 2016 08:14 AM EDT |
China's electric-vehicle sector, which roughly has 200 companies, is on the brink of massive a shake-up as the government seeks to limit the number to only 10 by implementing stringent standards. According to a government-backed news outlet, the government may weed out as much as 90 percent of the electric vehicle startups currently operating.
Check Out Alibaba's First "Internet Car"
| Charissa Echavez | | Jul 07, 2016 04:46 PM EDT |
China's Alibaba is officially in the car business as it recently introduced its first "internet car" Roewe RX5 SUV model in partnership with China's biggest car maker SAIC Motor Corp. on Wednesday at an event in Hangzhou.
Chinese Car Maker SAIC Motor Eyes India to Drive up Revenue
| Girish Shetti | | Apr 07, 2016 10:23 AM EDT |
China's top car manufacturer SAIC Motor Corp is planning to enter into the lucrative Indian market, as the company struggles to cope with sluggish demand back home.
Alibaba Launches Automotive, 'Smart Living' Units
| Michael A. Katz | | Apr 10, 2015 03:35 PM EDT |
China's Alibaba Group has launched an automotive unit and a "smart living" division in the past week.
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