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SAIC Group Motors completely enters the automotive chip industry

SAIC Motor Group subsidiary companies have recently finalized a cooperation agreement with the smart chip industry ‘unicorn’ horizon, SAIC passenger cars will be Carrier enters the automotive chip industry.

SAIC stated that Horizon’s smart chips, visual perception algorithms, and data closed-loop technology capabilities will bring two benefits to it. On the one hand, it can alleviate the production crisis caused by chip shortages, and on the other hand, it can build a benchmark Pull FSD’s next-generation intelligent driving domain controller and system solutions.

SAIC is the largest listed automotive company in the Chinese A-share market. Its major vehicle companies include passenger car companies (Roewe & MG), SAIC Maxus, SAIC Volkswagen, SAIC General Motors, SAIC-GM-Wuling, Nanjing Iveco, SAIC Iveco Hongyan, Shanghai Shenwo, etc.

SAIC-GM-Wuling announced last month that its global compact electric vehicle (GSEV) series products Hongguang MINIEV, New Baojun E300/E300Plus, Baojun E200, and Baojun E100 had accumulated sales of over 300,000 units.

(Via)

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