# SAIC Motor

> Chinese state-owned automotive company

**Wikidata**: [Q910401](https://www.wikidata.org/wiki/Q910401)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/SAIC_Motor)  
**Source**: https://4ort.xyz/entity/saic-motor

## Summary
SAIC Motor is a Chinese state-owned automotive company founded in 1984, headquartered in Shanghai, and listed on the Shanghai Stock Exchange. As one of China's largest automakers, it operates globally through subsidiaries like MG Motor and produces a wide range of vehicles, including electric cars, SUVs, and commercial trucks. The company plays a significant role in China's automotive industry and international markets.

## Key Facts
- Founded in 1984 as a state-owned enterprise in Shanghai, China.
- Headquartered in Shanghai, with operations spanning design, manufacturing, and sales of passenger cars, commercial vehicles, and automotive parts.
- Listed on the Shanghai Stock Exchange (SSE).
- Generated revenue of ¥902.194 billion (2023), with net profit of ¥36.009 billion (2023).
- Employs 204,815 people globally.
- Parent company of subsidiaries including MG Motor, Roewe, Maxus, and SAIC-GM-Wuling.
- Produces notable models such as the MG 4 EV, Roewe RX8, and Maxus T90.
- Owns 100% of Shanghai New Power Automotive Technology and has joint ventures with GM (SAIC-GM) and Volkswagen (SAIC Volkswagen).
- Sponsors Shanghai Port F.C., a professional football club in China.

## FAQs
- **When was SAIC Motor founded?**  
  SAIC Motor was established in 1984, though its origins trace back to earlier state-owned automotive enterprises in Shanghai.

- **What are SAIC Motor's key subsidiaries and brands?**  
  Major subsidiaries include MG Motor (British heritage), Roewe (acquired from Rover), Maxus (commercial vehicles), and SAIC-GM-Wuling (joint venture with GM). It also owns brands like Baojun and Huayu Automotive Systems.

- **What financial scale does SAIC Motor operate at?**  
  As of recent data, SAIC Motor reports annual revenue exceeding ¥900 billion, total assets over ¥782 billion, and employs over 200,000 people worldwide.

- **What types of vehicles does SAIC Motor produce?**  
  The company manufactures passenger cars (e.g., MG 4 EV), SUVs (e.g., Roewe RX9), pickup trucks (e.g., Maxus T90), electric vehicles (e.g., Rising ER6), and commercial buses (via Sunwin Bus).

- **Is SAIC Motor involved in international markets?**  
  Yes, through subsidiaries like MG Motor, which operates in Europe, the Middle East, and Asia, and through joint ventures such as SAIC-GM-Wuling, which exports vehicles globally.

## Why It Matters
SAIC Motor is a cornerstone of China's automotive industry, driving innovation in electric vehicles (EVs) and hybrid technologies. As a state-owned enterprise, it plays a strategic role in China's economic growth and global automotive competitiveness. Its subsidiaries, such as MG Motor, have revived historic British brands, while its joint ventures with GM and Volkswagen exemplify China's integration into global automotive supply chains. SAIC Motor's scale and R&D investments position it as a leader in sustainable mobility solutions, addressing climate challenges and shifting consumer demands.

## Notable For
- **Leading Chinese Automaker:** One of the "Big Four" state-owned automotive companies in China.
- **Global Brand Revival:** Acquired and revitalized the MG and Rover brands, expanding their reach into international markets.
- **Electric Vehicle Pioneering:** Develops affordable and high-end EVs, such as the MG 4 EV and Roewe D7, contributing to China's dominance in the global EV market.
- **Diversified Portfolio:** Operates across passenger cars, commercial vehicles, automotive parts, and logistics, with subsidiaries spanning multiple industry segments.
- **Historic Joint Ventures:** Partnerships with multinational corporations like GM (SAIC-GM since 1997) and Volkswagen (SAIC Volkswagen since 1984) have shaped China's automotive landscape.

## Body

### History and Structure
SAIC Motor was formally established in 1984 as the Shanghai Automotive Industry Corporation, though its roots extend to earlier state-owned automotive initiatives in Shanghai. The company underwent significant restructuring in the 1990s and 2000s, acquiring foreign brands (e.g., MG and Rover) and forming joint ventures with global automakers. Today, it operates as a conglomerate with subsidiaries spanning vehicle manufacturing, automotive components, and financial services.

### Subsidiaries and Brands
- **MG Motor:** Acquired in 2005, this British-origin brand specializes in compact EVs like the MG 4 EV and SUVs such as the MG S5 EV.
- **Roewe:** Launched in 2007 after acquiring Rover's intellectual property, offering models like the Roewe RX8 SUV and Roewe Clever electric city car.
- **Maxus:** Established in 2011, focuses on commercial vehicles (e.g., Maxus T90 pickup) and minivans (e.g., Maxus Mifa 7).
- **SAIC-GM-Wuling:** A joint venture with GM and Guangxi Automobile, producing affordable vehicles like the Baojun 630 and Wuling mini EVs.
- **Sunwin Bus:** Manufactures buses for domestic and international markets, emphasizing green energy solutions.

### Financial Performance
- **Revenue:** ¥902.194 billion (2023), up from ¥843.324 billion (2022) and ¥742.132 billion (2021).
- **Net Profit:** ¥36.009 billion (2023), reflecting steady growth from ¥25.603 billion (2022) and ¥20.431 billion (2021).
- **Total Assets:** ¥782.769 billion (2023), increasing from ¥549.333 billion (2021).

### Products and Models
SAIC Motor's product lineup includes:
- **Electric Vehicles:** MG 4 EV (compact hatchback), Roewe D7 (hybrid/EV sedan), and Rising ER6 (luxury EV sedan).
- **SUVs and Crossovers:** Roewe RX9 (full-size SUV), MG S5 EV (compact crossover), and Roewe Jing (crossover).
- **Commercial Vehicles:** Maxus T90 (pickup truck), Maxus Mifa 7 (minivan), and Sunwin Bus models.
- **Historic Models:** Shanghai SH760 (retro-style sedan) and Roewe 750 (executive car).

### Ownership and Operations
- **State Ownership:** Wholly owned by the Chinese government via the Shanghai municipal government.
- **Joint Ventures:** SAIC-GM (with General Motors, established 1997), SAIC Volkswagen (with Volkswagen, 1984), and SAIC-Hongyan (with IVECO, 2006).
- **Global Presence:** Manufacturing and R&D centers in China, the UK, and Southeast Asia, with exports to over 40 countries.

### Other Ventures
- **Shanghai Port F.C.:** SAIC Motor sponsors this Chinese football club, founded in 2005, reinforcing its community engagement and brand visibility.
- **Huayu Automotive Systems:** A subsidiary specializing in automotive parts, supporting SAIC's vertical integration strategy.

### Technological Innovation
SAIC Motor invests heavily in R&D, focusing on electric powertrains, autonomous driving systems, and smart connectivity solutions. Its Shanghai-based innovation centers collaborate with global tech partners to advance sustainable mobility technologies, aligning with China's national goals for EV adoption and emissions reduction.

## References

1. [annual report](https://www.saicmotor.com/english/images/investor_relations/annual_report/2021/8/6/C764301F93D64F7FA65D07F86FF15020.pdf)
2. Freebase Data Dumps. 2013
3. Global LEI Index
4. GRID Release 2018-06-25
5. Quora
6. Aligned ISNI and Ringgold identifiers for institutions