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GM (2) Global Sales Down, but Earnings Remain Strong
denoted (Korea) and (China) are models imported and sold from Korea and China, respectively) (Source: MarkLines vehicle sales volume data) GM manufactures and sells Buick, Chevrolet, and Cadillac brand models through SAIC-GM, a joint venture with SAIC Motor Corp., Ltd. (SAIC), and Wuling and Baojun brand models through SAIC-GM-Wuling Automobile, a three-way joint venture including the Guangxi Automobile Group Co., Ltd. GM's actual sales...
Market & Tech Reports Updated at: 2024/11/27
SAIC: 3.5M NEV Sales by 2025, Launching 14 New Smart EV Models Overseas
023)SAIC: Cultivating Global Markets, Focusing on Hydrogen Fuel Cell Vehicles (Jan. 2023) According to MarkLines data, SAIC Group’s 2023 NEV passenger car sales volume increased 3.9% y/y to 1,065,000 units. Of these, 835,000 (down 4.9% y/y) were own-brand vehicles (including Wuling and Baojun brands under SAIC-GM-Wuling Automobile Co., Ltd.) and 230,000 (up 56.0% y/y) were foreign-brand vehicles. The five top-selling NEV models sold ...
Market & Tech Reports Updated at: 2024/03/25
Chinese Market Q4 2023: Mercedes-Benz and BMW establish charging JV
expected to exceed CNY 10 billion. Wuling auto plant begins operations On October 27, 2023, SAIC-GM-Wuling Automobile Co., Ltd. (SAIC-GM-Wuling) started operations of the "Lean Intelligent Manufacturing Factory" at the smart plant it established in Liuzhou City, Guangxi Province, where the first Baojun Yunduo EV model rolled off the production line. The plant is equipped with flexible smart production capacity, adopts technologies such as inte...
Market & Tech Reports Updated at: 2024/02/01
Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (October 2023)
new PHV SUV model Lynk & Co 08, which went on sale in September, has been particularly successful, recording sales of 12,000 units in two months. The GM Group, which had been temporarily out of contention for the top spots, has been making a comeback and increasing its volume. Sales of the new BEV Baojun Yunduo, which was launched in August, are steadily increasing, following the continued strong sales of Wuling Bingo. In the electric vehicle ma...
Market & Tech Reports Updated at: 2023/11/27
Analysis Report: Lithium-Ion Battery (China)
ttery cells (Prismatic) SAIC GM Cadillac LYRIQ (China) 2023 CATL (Contemporary Amperex Technology Co., Ltd.) Ternary lithium-ion battery cells (Prismatic) SAIC GM Cadillac LYRIQ (RR) (China) 2023 CATL (Contemporary Amperex Technology Co., Ltd.) Ternary lithium-ion battery cells SAIC-GM-Wuling Baojun KiWi EV (RR) (China) 2023 Do-Fluoride New Energy Technology Co., Ltd. Ternary lithium-ion battery cells (Prismatic) SAIC-GM-Wuling Baojun Yep...
Market & Tech Reports Updated at: 2023/06/23