At the 20th Shanghai International Automobile Industry Exhibition, SAIC Motor Group showcased over 130 new vehicles from six automakers including Jiqi, FeiFan, SAIC passenger car, SAIC Maxus, SAIC Volkswagen, and SAIC-GM, with the theme of “Leading Green Technology, Dream Wonderful Travel” at Hall 3, covering an exhibition area of over 20,000 square meters, of which nearly half of them are new energy vehicles.
During the Shanghai Auto Show, SAIC Motor Group released the “New Energy Vehicle Development Three-year Action Plan”: By 2025, SAIC’s new energy vehicle sales will reach 3.5 million units, which is 2.5 times the sales volume in 2022, with a compound annual growth rate of 50%. The proportion of independently-branded vehicles in the new energy vehicle market will reach 70%, and the switch of development power between the new and old tracks will be basically completed.
Jiqi, positioned as a “high-end pure electric intelligent automobile brand,” while MG is positioned as a “globally renowned automobile brand.” In the next three years, Jiqi will introduce four new models, while FeiFan, Rongwei, and MG will release over 13 new energy products.
Looking ahead, SAIC Motor Group stated that it will adhere to the “customer-centric” approach, focusing on the development of new energy and intelligent connected vehicles, actively creating independent brands with distinct identification and technological leadership, unique advantages, and popular products, promoting innovation, transformation, and high-quality development, and making greater and more positive contributions to China’s transition from a “big automobile country” to a “powerful automobile country.”
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