SAIC (Shanghai Automotive Industry Corporation) reportedly invests an additional 1 billion yuan to deepen collaboration with Shangjie and Huawei Terminal for mid-to-large SUV development.
economy5 h ago
coda.news AI summary
- SAIC plans to invest an additional 10 billion yuan with Shangjie and Huawei Terminal for mid-to-large SUV development.
- The next Shangjie model is rumored to be H8 or H9.
- A 5,000-person team at SAIC is involved in the collaboration and 6 billion yuan has already been invested.
- The report cites a blogger, @Yan Chuang, and IT Home as the source, dated September 23.
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