{
Chen Hong

People

}
001122334455554433221100
001122334455554433221100

saic shares decline as new ev brand with huawei is announced

SAIC Motor's shares fell 2.6% after reports emerged of a collaboration with Huawei to launch a new EV brand named Shangjie, targeting younger consumers with prices between CNY170,000 and CNY250,000. The first model is expected in Q4, based on an existing SAIC design, integrating Huawei's technology. Despite a significant sales decline last year, SAIC is moving forward with this partnership as competition in the EV market intensifies.
@yicaichina
Chinese Yuan United States Dollar Seres Group Co.,Ltd SAIC MOTOR Huawei Technologies CO. Ltd. CHN Chen Hong Dongshun Cui Show more
Business & Industry, News Article
04:48 12.02.2025

saic motor hints at partnership with huawei through new trademarks

SAIC Motor has registered new trademarks that suggest a potential partnership with Huawei Technologies, following a significant sales decline last year. This collaboration may enhance SAIC's offerings, as automakers working with Huawei have seen increased sales, contrasting with SAIC's nearly 21% drop to just over 4 million units. The company's net profit is expected to plummet by up to 90% due to market challenges and asset impairments.
@yicaichina
Chinese Yuan Seres Group Co.,Ltd Huawei Technologies CO. Ltd. SAIC MOTOR CHN Chen Hong Show more
Business & Industry, News Article
09:49 27.01.2025
Trending
Subcategory
Stock Market Updates Corporate News Industry Trends Global Trade Developments Finance Mergers & Acquisitions Global Financial Events Retail and Consumer Goods Startups & Entrepreneurship Banking Regulations CEO Changes Market Analysis and Predictions Industry Mergers & Acquisitions Government Economic Policies Government Policies Inflation and Monetary Impact Central Bank Actions GDP Growth & Recession Forecasts Commodities Consumer Protection Regulations Domestic Politics
Countries:
USA CHN IND GBR CHE JPN CAN FRA ESP DEU SGP ITA ARE BEL MEX VNM BRA AUT IDN LIE
Companies:
JPMorgan Chase & Co. Barclays PLC Apple Inc. Tesla, Inc. Berkshire Hathaway Inc. Banco Santander, S.A. The Goldman Sachs Group, Inc. Microsoft Corporation Commerzbank AG Amazon.com, Inc. Morgan Stanley Lloyds Banking Group plc Bank of America Corporation Wells Fargo & Company NVIDIA Corporation SpaceXCoin USD Citigroup Inc. Deutsche Bank Money Market PP Royal Bank of Canada UBS Group AG
Currencies:
United States Dollar Euro British Pound Sterling Swiss Franc Indian Rupee Japanese Yen Chinese Yuan South Korean Won New Taiwan Dollar Canadian Dollar United Arab Emirates Dirham Vietnamese Đồng Danish Krone Indonesian Rupiah Russian Ruble Singapore Dollar Chilean Peso Egyptian Pound Cambodian Riel Israeli New Shekel
People:
Donald Trump Elon Musk Warren Buffett Troy L Rohrbaugh Robin Leopold Stacey Friedman Alex Kramm JD Vance Jeff Bezos Pierin Vincenz Carsten Fritsch Jerome Powell Ana Botina Mark Zuckerberg Karoline Leavitt Stefan Rauti Manav Patnaik Jesús Aguado Inti Landauro Ana Patricia Botin

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.