SAIC Motor (aka Shanghai Automotive Industry Corporation) is currently a global Fortune 100 company and a member of the “big four” Chinese state-owned automakers transitioning to EVs – whether its in its home country, other parts of Asia, and now Europe.
The massive automaker recently shared plans to erect a new EV production facility overseas, to help deliver models to its growing audience in the market. SAIC Motor, a Chinese state-owned automaker, is doubling down on its EV strategy in Europe following encouraging sales so far this year.