New Energy Vehicles (NEVs) in China

Michael90

Junior Member
Registered Member
SAIC Motor Corporation Limited and Huawei Terminal Co., Ltd. signed an in-depth cooperation agreement in Shanghai. The two parties will carry out strategic cooperation in the fields of product definition, manufacturing, supply chain management, sales and service, etc., to create a new new energy smart car and jointly bring users a leading smart travel experience.

The strategic cooperation between SAIC and Huawei will further play their respective advantages and promote the Chinese automobile industry to a new height in the era of intelligence. The teams of both parties will deeply integrate and work together to explore new paths for innovation in smart car technology and business models, and strive to create globally competitive smart car products to provide users with a more intelligent, convenient and safe travel experience.

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How is SAIC sales in China? Are they and their "western joint ventures"still losing market share to BYD and other Chinese private EV companies or have they stabilised their sales /market share?
 
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