Recent events
Recent events tied to this brand in public sources.
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2026
XHEART completes strategic funding round
XHEART announced that it had completed a strategic funding round, with cumulative financing approaching 5 billion yuan. The reported participating investors included ChangXin Technology, SAIC, Chery, CICC Renault, and Joyson.
2026
IM Motors announces NEXT·2028 product strategy at 2026 Chengdu Auto Show
At the 2026 Chengdu Auto Show, IM Motors (智己汽车) announced its NEXT·2028 product strategy, built on three technology pillars: SAIC's new NEO electric powertrain architecture, a full steer-by-wire chassis, and the IM Claw AI agent. The strategy is to be equipped across all future IM models.
2022
Cipia driver monitoring system enters mass production with SAIC
Cipia said mass production had begun for vehicles equipped with its Driver Sense driver monitoring system, in a project with SAIC and supplier Chuangshi Zhijia.
2021
SAIC announces plan to spin off Jiexing Technology for a STAR Market listing
SAIC Group announced that it plans to convert its controlled subsidiary Jiexing Technology into a joint-stock company and spin it off for a listing on the Shanghai Stock Exchange’s STAR Market. SAIC said it would retain control and that its shareholding structure would not change after the proposed listing.
2021
Momenta completes C+ funding round
Momenta completed a C+ funding round of more than US$500 million, bringing its cumulative C-round financing to more than US$1 billion.
2021
SAIC Motor unveils KUN concept car at Expo 2020 Dubai
SAIC Motor unveiled its autonomous new-energy KUN concept car at the China Pavilion at Expo 2020 Dubai. The concept integrates bio-intelligent interaction, photosynthetic energy, zero-gravity seats, holographic image interaction, and autonomous-driving technologies.
2021
Xiaomi, OPPO and vivo form the ICCOA alliance
Xiaomi, OPPO and vivo led the formation of the Smart Car Connectivity Open Alliance (ICCOA), with other automotive and technology organizations participating in its preparation.
2021
SAIC Motor updates brand identity and corporate vision
SAIC Motor announced an update to its brand identity and launched an all-new corporate vision. It said the new logo uses a “blue planet, rising sun” design philosophy.
2021
SAIC launches Zero束 SOA platform
SAIC Group launched the Zero束 SOA platform at the first automotive SOA platform developer conference.
2021
SAIC launches SOA developer platform
SAIC formally launched its Zhuoshu SOA developer platform. The article also reports that the platform's beta version and developer website went live that day.
2021
SAIC announces 300 billion yuan investment plan
SAIC announced that during China's 14th Five-Year Plan period it would invest 300 billion yuan in innovation fields including intelligent electric vehicles.
2021
SAIC Motor subsidiary fined for environmental violation
Shanghai Ansheng Automotive Shipping Co., an indirectly controlled subsidiary of SAIC Motor, was fined 10,000 yuan for an environmental violation. The cited decision said the company's vessel had not truthfully recorded pollutant disposal. The penalty information was disclosed by regulators on January 5, 2021.
2020
WM Motor completes RMB 10 billion Series D funding round
WM Motor announced that it had completed a RMB 10 billion Series D funding round. Shanghai state-owned investment platforms and SAIC jointly led the round, with Baidu, SIG and other investors participating. The funds are mainly intended for intelligent technology research and development, brand building, digital marketing and channel expansion.
2020
SAIC MAXUS launches EUNIQ 7 fuel-cell MPV
SAIC MAXUS formally unveiled the EUNIQ 7, described in the article as the world’s first fuel-cell MPV.
2020
SAIC plans at least ten fuel-cell vehicle models by 2025
SAIC announced a plan to introduce at least ten fuel-cell vehicle products before 2025.
2020
SAIC and China Baowu sign strategic cooperation framework agreement
SAIC Group and China Baowu signed a comprehensive strategic cooperation framework agreement covering hydrogen energy use, automotive materials, smart supply chains, and industrial finance. They plan to jointly promote fuel-cell vehicle commercialization and support 10–20 hydrogen refueling stations in demonstration areas by 2025.
2020
SAIC subsidiary terminates proposed Shenzhou Rental acquisition
SAIC Group announced that its wholly owned subsidiary, SAIC Hong Kong, had decided to terminate its proposed acquisition of shares in Shenzhou Rental after the transaction parties failed to agree on closing conditions within the planned timeframe.
2020
SAIC and China Baowu sign strategic cooperation framework agreement
SAIC Group and China Baowu Steel Group signed a comprehensive strategic cooperation framework agreement to jointly develop a national hydrogen-energy industry demonstration zone.
2020
SAIC Motor announces share buyback plan for equity incentives
SAIC Motor announced a plan to use up to RMB 3.034 billion of its own funds to repurchase 58.42 million to 117 million ordinary shares, with a price cap of RMB 25.97 per share, for equity incentives.
2020
SAIC subsidiary announces proposed stake acquisition in CAR Inc.
SAIC Motor’s wholly owned subsidiary SAIC Hong Kong proposed to acquire up to approximately 28.9% of CAR Inc. from UCAR and Amber Gem for cash at HK$3.10 per share, for no more than approximately HK$1.9 billion. The acquisition was proposed and had not yet been reported as completed.