Recently, at the "Towards the New Decade SAIC Group New Energy Technology Conference", SAIC Group officially released a new generation of base technology for the "new track". With the breakthrough and application of innovative technologies such as solid-state batteries, energy closed-loop, high-efficiency powertrain, intelligent chassis, full stack software architecture, and new electronic architecture, SAIC Group's "Seven Major Technology Bases" have comprehensively leapt and upgraded into the 2.0 era.
For the past 10 years, SAIC Group has adhered to the customer-centric approach and continuously accelerated its transformation in the new track of electric intelligent networking. It has invested nearly 150 billion yuan in research and development, creating three major vehicle technology bases: the "SAIC Xingyun" pure electric exclusive series platform, the "SAIC Everest" mechatronics integrated vehicle architecture, and the "SAIC Xinghe" electric hydrogen integrated vehicle architecture. It has also created four key system technology bases: the blue core powertrain system, the platformized Rubik's Cube battery system, the green core electric drive system, and the "Galaxy" full stack intelligent vehicle solution. The total number of effective patents has exceeded 26000. In 2023, SAIC Group sold 5.02 million vehicles, ranking among the top in the country. Among them, domestic brands have an annual sales volume of 2.775 million vehicles, accounting for over 55%; Sales of 1.123 million new energy vehicles; Overseas market sales of 1.208 million vehicles.
Dedicated to independent research and development, continuously making new progress in core technologies. SAIC Group's innovative technological breakthroughs in the fields of batteries, electric drive, chassis, and electronic and electrical architecture are a microcosm of the rapid development of core technologies for new energy vehicles in China. From the first generation solid-state battery with a range of 1000 kilometers per charge, to the 800V high-voltage silicon carbide platform with a range of 400 kilometers per 5 minutes of charging; From central integrated electronic and electrical architecture to hybrid and range extendable super hybrid systems; From the introduction of AI (artificial intelligence) large models in intelligent cabins to the urban area NOA (navigation assisted driving) that does not rely on high-precision maps, China's automotive electrification and intelligent technology continue to make breakthroughs.
Adhering closely to user needs and brewing new breakthroughs in multi brand strategy. The team enhanced brand competitiveness through design, created two popular models, and also helped the MG brand become the overseas sales champion of China's single brand. SAIC Passenger Cars also achieved a breakthrough from annual sales of 170000 to 800000 vehicles. SAIC Group's four major brand matrices, including Zhiji, Feifan, Roewe, and MG, are brewing new breakthroughs. At the Geneva International Auto Show held in February, the world's first 10 SAIC intelligent electric new cars showcased the strong innovation capabilities of Chinese brands and Chinese manufacturing to European and even global consumers.
Make efforts in overseas markets and take the lead in achieving annual sales of millions overseas. SAIC Group has established a complete vehicle manufacturing base overseas, built a marketing network, established a research and development design center, established a financial company, and built its own international transportation routes. The localized after-sales service with global unified standards such as 7-day and 24-hour rapid rescue response solves the worries of overseas users. On the basis of continuously deepening global cooperation, SAIC Group accurately grasps the diverse needs of overseas consumers for safety, environmental protection, intelligence, handling, and other aspects, and launches the first "global car" - MG4 EV in 2022. The MG4 EV, equipped with the SAIC Nebula pure electric exclusive series platform, intelligent cockpit, intelligent driving and other international first-class innovative technologies, has now become the best-selling compact electric vehicle in Europe and has successfully won more than 30 overseas authoritative awards, including the "Grand Slam of Annual Model in England, France, Germany, and Australia".