Saic Motor Co Ltdis A Leading Chinese State Owned Automobile Manufacturer Based In Antingshanghaifounded In 1955It Is Recognized As China S Largest Automotive Groupoperating In Various Segments Including Vehicle Manufacturingcomponent Productionand Mobility Servicesthe Company Has A Strong Global Presencewith Markets In The Usukindiaand China Saic Produces A Wide Range Of Vehiclesincluding Passenger Cars And Commercial Vehiclesachieving Significant Sales Figuresin 2021It Sold 5 811 Million Retail Vehiclesmaintaining Its Status As China S Top Seller For 16 Yearsthe Company Is Also A Leader In New Energy Vehicleswith 733 000 Units Sold In 2021Reflecting Substantial Growthadditionallysaic Offers Mobility Services Such As Logistics And Ride Hailingas Well As Financial Services Including Auto Financing And Insurancewith A Focus On Research And Developmentsaic Integrates Advanced Technologies Into Its Operationssupporting Its Diverse Business Model
