UP is notifying nearly 3,000 hectare of land between six nodes in the Bundelkhand region after PM announced the ₹20,000 crore worth of defence corridor at the Investors Summit in Lucknow this February. New Delhi: Uttar Pradesh is rolling out the red carpet for companies wishing to set up big defence and aerospace units in… Continue reading Big discounts on offer to set up units in UP’s defence corridor
Author: SAIC Official News
Singapore auto marketplace Carro closes $60m Series B led by SoftBank Korea, others
May 14, 2018 Singapore’s online automotive marketplace Carro on Monday announced that it has secured a series B funding of $60 million in a round led by Softbank Ventures Korea, Insignia Ventures Partners and B Capital Group. The deal was also participated by the family office of Manik Arora (Founder of IDG Ventures India), while existing… Continue reading Singapore auto marketplace Carro closes $60m Series B led by SoftBank Korea, others
Opel: the torch burns between IG Metall and PSA
Le ton monte entre le syndicat allemand IG Metall et PSA au sujet d’Opel, le constructeur déficitaire chronique racheté l’année dernière par le groupe français. Le syndicat et le comité d’entreprise d’Opel ont exigé dans un communiqué vendredi des « propositions constructives » de la part de PSA. Une façon assumée de mettre la pression, alors que la… Continue reading Opel: the torch burns between IG Metall and PSA
SAIC MOTOR GROUP granted the 1st license plate in China for Intelligent Connected Vehicle Testing
SAIC MOTOR GROUP is granted the 1st license plate in China for Intelligent Connected Vehicle Testing. The confer marks the vehicle testing would go beyond enclosed sites, in order to experience all kinds of road conditions and scenes. SAIC MOTOR GROUP will soon provide the consumers with intelligent connected products and completely different experiences.
SAIC Venture Capital Announces Partnership with Plug and Play
Joining Plug and Play’s Mobility program, SAIC Capital will search for new startups disrupting the industry SUNNYVALE, CA December 7th, 2017 – SAIC Capital , the venture arm of the largest auto company on China’s A-share market, announced today a strategic partnership with Plug and Play, a global startup ecosystem and venture fund specializing in the… Continue reading SAIC Venture Capital Announces Partnership with Plug and Play
SAIC MOTOR can start testing autonomous vehicles in California
On June 28, 2017 SAIC Innovation Center (LLC) officially obtained the California permit for testing self- driving vehicles, that is, SAIC Motor’s autonomous vehicle can be found running on the public road in California. The permit covers two cars and one driver. SAIC becomes the 35th organization to receive a permit, following automakers Ford, GM,… Continue reading SAIC MOTOR can start testing autonomous vehicles in California
Semi-annual report suggests SAIC Motor development decisions
SAIC Motor Corporation Limited (SAIC Motor) released its semi-annual report on Aug 30, summarizing its performance in the first half of 2017. According to the report, from January to June SAIC Motor sold 31.75 million vehicles, a year-on-year increase of 5.8 percent; domestic market share increased to 23 percent; operating income hit 396.4 billion yuan… Continue reading Semi-annual report suggests SAIC Motor development decisions
Customers invited to design D90 vehicle
SAIC Maxus launched its first custom D90 Internet SUV on Aug 8. The model is designed and produced in line with the customer to business (C2B) model. SUV D90 received worldwide attention not just for breaking the joint venture brand monopoly in the SUV market but also for offering customers a role in the development,… Continue reading Customers invited to design D90 vehicle
Gadkari to inaugurate two upgraded highways in Punjab on Monday
The four-lane NH-15 and NH-64 connect Amritsar to Bathinda and Zirakpur to Bathinda respectively, a Ministry statement said. New Delhi: Union Road Transport and Highways Minister Nitin Gadkari will inaugurate two upgraded four-lane highways and lay the foundation stone of a two-lane highway in Punjab on Monday, an official said on Sunday. The four-lane NH-15… Continue reading Gadkari to inaugurate two upgraded highways in Punjab on Monday