Chinese automakers are looking to export electric vehicles by the hundreds of thousands around the globe, but they need a lot more car-carrying vessels to make that happen. Demand is so high that the country is on track to amass what will be the world’s fourth-largest fleet in a few short years, with new trade routes being created especially for Chinese cars.
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Amid an intense price war and lost market share to BYD and Tesla, China’s state-owned automaker SAIC Motor is reportedly making drastic job cuts this year at its joint ventures with General Motors and Volkswagen and at its EV unit – with mass layoffs a rare move for a China-owned company.
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Chinese EV automaker IM Motors is on the cusp of launching its fourth EV model and is touting some impressive specs to get the hype train going. The company’s co-CEO recently shared that the new L6 EV will be powered by a 900V platform equipped with solid-state batteries that can deliver over 1,000 km of range on a single charge.
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After weeks of rumors swirling out of China, state-owned automaker SAIC Motor has confirmed a pending partnership with Audi pertaining to next-generation EV platforms. Here’s the latest.
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The rumor mill is gaining momentum in China as two more sources have shared new details of Audi’s alleged plans to source its next EV platform from an OEM overseas. Chinese-state owned SAIC Motor appears to be the current frontrunner as discussions with Audi are reportedly advancing and pertain to the former’s luxury sub-brand IM Motors.
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A slew of automakers in China have banded together and pledged to regulate how they market their EVs and avoid further price wars to help stabilize a booming market for consumers. Chinese EV automakers like NIO, XPeng, and BYD have been joined by the likes of Tesla to promote healthy competition and less “bad blood” overseas.
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SAIC Motor, a Chinese state-owned automaker, is doubling down on its EV strategy in Europe following encouraging sales so far this year. The massive automaker recently shared plans to erect a new EV production facility overseas, to help deliver models to its growing audience in the market.
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SAIC AI Lab, a division of SAIC Motor in China, has announced a collaboration with advanced driverless AI developer Pony.ai to design and implement a new fleet of driverless level 4 autonomous robotaxis. The companies kicked off their new project by unveiling a fully autonomous EV concept from which the fleet will be built.
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Chinese automotive design and manufacturing company SAIC Motor says it will launch 40 to 60 Robotaxis capable of Level 4 self-driving throughout Shanghai and Suzhou before the end of 2021. The bold statement was made by Zu Sijie, vice president and chief engineer of the company, during this year’s World Artificial Intelligence Conference.
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