Xinhua Silk Road: SAIC engine is driving global expansion under BRI Ahead

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17/10/2019

BEIJING, April 7 / PRNewswire / – With the progress of
Silk Road Initiative (BRI) accelerates Chinese carmaker
SAIC engine its global expansion.

In the first quarter of 2019, SAIC Motor defended its China-wide
Top spot for vehicle exports and vehicle sales abroad.
The car manufacturer thus underpins its export orientation.

According to the China Association of Automobile Manufacturers, China has 2018
exported by 1.041 million vehicles, an increase of 16.8
Percent over the previous year. During this period, the
Car maker based in Shanghai a total of 277,000 vehicles abroad
an increase of 62.5 percent over the previous year. No
another Chinese manufacturer was able to improve so much.

The strong export growth is on the company decision
attributed to internationalization strategies and
Focus on Internet of Vehicles (IoV) technologies.

SAIC Motor operates three production facilities abroad (Thailand,
Indonesia and India) and three innovation and R & D centers (UK,
USA and Israel).

In six markets (Thailand, UK, Indonesia, Chile, Australia and
New Zealand and the Middle East), SAIC Motor was able to more than
Selling 10,000 vehicles.

While SAIC Motor focuses on IoV technologies, it is building
parallel to this, its worldwide presence.

MG ZS, one of its Internet-based car brands with the
intelligent networking system "i-smart", has become in Thailand for
Cashier developed.

In February 2019, a local affiliated with SAIC Motor
In Indonesia, the model "Almaz" on the market. It is for
prepared intelligent networking and offers advanced
intelligent multimedia functions.

Meanwhile, SAIC is engine with its Internet-based model MG Hector
very successful in the Indian market. Until the 29th of September (three
Months after start of production) are 31,000 in the Indian plant
Orders were received, and 7,000 new cars were already
delivered.

The car manufacturer is also positioned on the world market for
Vehicles with a new energy drive (NEV). In the UK already was
Sales start for his new NEV model, the SUV MG EZS. Further
Markets like Germany and Australia are to follow.

Original link:
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Photo – https://mma.prnewswire.com/media/1012492/MG_ZS.jpg




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