SAIC Motor

IM Motors, a premium electric vehicle brand founded jointly by China’s largest car company SAIC and e-commerce giant Alibaba, on Tuesday began locking in orders for its first model, the L7 Pro, with a price tag of 408,800 yuan ($64,220).…

China's major carmaker SAIC Motor sold 265,000 vehicles overseas in the first half of 2021, up 112.8 percent from the same period last year, the company said. The carmaker adjusted its overseas sales target for 2021 from 500,000 units to…

Chinese carmakers are expected to become leading players in the global industry in the age of smart vehicles, said a senior executive at the partner of Volkswagen and GM. "We are catching up with international companies in terms of…