SAIC ELECTRIC CAR STRATEGY
SAIC Motor Corporation is a state-owned Chinese automaker and one of the big four, the others being FAW, Changan, and Dongfeng. SAIC is a Fortune Global 100 Company with joint venture agreements with global automakers such as GM. According to SAIC’s plans for 2016-2020, the company will invest more than 20 billion yuan in new energy vehicles, release more than 30 new models equipped with world-leading technologies and work to meet a sales target of 600,000 units by 2020, to further consolidate its leading position in the new energy sector. The Chinese automaker’s introduced its first electric models through its luxury brand Roewe.
SAIC ELECTRIC VEHICLE BRANDS
SAIC EV SALES
SAIC ELECTRIC VEHICLES IN THE NEWS
Week 6 20187 - SAIC to develop SUV to compete with Model X
Automotive News China reported that SAIC would launch an electric crossover targeted at the Tesla Model X by the end of 2018. The SAIC Crossover will accelerate to a speed of 100 km/h (62 mph) within 4.9 seconds and will be equipped with such as features automatic parking, according to information SAIC disclosed on its website.
Week 40 2017 - SAIC Maxus EV80 launched in Europe
Light Delivery Vehicles is hotting up as the next growth market in the EV sector. Recently we have seen some new and improved models announced in this vehicle class. The drive to make the last mile 100% electric is a low hanging fruit and an obvious target for regulators enforcing emission control in cities. Already Chinese manufacturers have electrified a host of existing combustion LDVs. This week wattEV2buy published a list of over 1,400 special vehicles in China which consists mostly of cargo vans, panel vans, and multi-purpose vehicles.
This week big manufacturers SAIC and Nissan announced the launch of two new electric LDVs. Nissan unveiled the new e-NV200 with a range of 280km (175mi). SAIC unveiled the Maxus EV80, available as a panel van and a chassis cab. The Maxus EV80 has a cargo area length of 3300 mm, width of 1770 mm and height of 1710 mm, resulting in a total volume of 10.2 m3 accessible through wide-opening rear and side doors and capable of a maximum payload of 950 kg (2,100 lbs) and a maximum towing mass of 750 kg (1,650 lbs). The EV80 has a range of 200 km (124 miles) and charges in two hours. The Maxus EV80 LDV comes with a three-year bumper-to-bumper warranty and a battery warranty of five years or 100,000 km.
Flowing from Ford‘s strategy shift announced above it transpired that the US automaker would focus on developing EV vans for the Chinese market in an attempt to play catch-up.
Week 40 2017 - SAIC Maxus to establish in Europe
Some Chinese carmakers have also identified Europe as a key market and are grabbing the opportunity formulating strategies to take advantage of the lead they have due to their own countries aggressive EV regulations. Recently we reported that Chery would create an EV brand for Europe and this week SAIC announced the launch of its Maxus brand in Europe by 2019. SAIC made its intent clear with the launch of the Maxus EV80 electric LDV for Europe.
Week 30 2017 - GM SAIC JV to deliver first EV
In China, the SAIC / GM / Wuling joint venture, Baojun launched its first electric vehicle, the Smart look-alike Baojun E100 city car. GAC also released its much anticipated GAC GE3 SUV BEV. Both vehicles will go on sale in August. The Baojun will sell for CNY35,800 ($5,300) and the GAC GE3 starting at CNY 150,000 ($22,200).
Week 25 2017 - SAIC creates battery JVs
SAIC, the state-owned top four Chinese auto manufacturer and CATL, top lithium battery manufacturer, this week established two joint venture companies in a bid to challenge Tesla’s dominance in the EV and Battery sectors. CATL and SAIC will play to their strengths in the separate JVs with CATL focusing on battery technology and SAIC on drivetrain development.
In a similar vein, BYD, the top selling EV manufacturer in China for two years running has spun its battery division into a separate entity allowing it sell batteries to other Chinese and international auto manufacturers.
Not sure which model EV to choose?
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Gone are the days of range anxiety. Chinese buyers now have a choice of mass-market EVs with a range in excess of 400km/250 miles.
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