SAIC announced that it will achieve a breakthrough in power battery technology by 2025 and move towards the era of solid-state batteries.

SAIC Motor disclosed a number of important plans and strategic plans at its performance briefing on May 22. According to reports, the company has successfully solved the overheating problem of the power battery system and is stepping up the development of solid-state battery cells. SAIC is expected to launch its first mass-produced product equipped with solid-state batteries in 2025.

SAIC Group also disclosed its future development strategy. The company plans to strive to achieve global vehicle sales of 7 million units by 2025. In terms of brand structure, SAIC will gradually shift from focusing on joint ventures to joint development of independent brands and joint venture brands, striving to achieve 60% of global sales of independent brands. In terms of product technology, SAIC will transform from traditional vehicles to electric intelligent connected vehicles, strive to achieve 50% of global sales of new energy vehicles, and have more than 50% of domestic sales of intelligent connected vehicle equipment equipped with L2 and above technologies. . In addition, in terms of market structure, SAIC will focus on the domestic market. While strengthening domestic development, it will actively expand overseas markets and strive to achieve overseas sales of more than 1.5 million vehicles, accounting for more than 20%.

According to ITBEAR Technology Information, as early as July 2022, SAIC Group and Qingtao (Kunshan) Energy Development Co., Ltd. jointly established the "Solid-State Battery Joint Laboratory". The two parties will cooperate on multiple projects, including the mass production application of solid-state power batteries with a long range of more than 1,000 kilometers, 4C fast charging technology for solid-state power batteries, the research and development of high-safety and long-life solid-state power batteries, and the development of high-efficiency solid-state power battery integration technology. wait.

The company’s investment and grand vision for the future automotive industry can be seen from the series of development plans and strategic plans formulated by SAIC Group. SAIC is expected to achieve greater breakthroughs in the field of new energy vehicles as they are developing zero thermal runaway power battery systems and solid-state battery technology. SAIC has taken transformation and upgrading measures to transform traditional vehicles into electric, intelligent and connected vehicles to respond to market demand and technological trends. With the increase in global vehicle sales and independent brand sales, as well as the expansion of overseas markets, SAIC Group is bound to occupy a more important position in future development and enter the fierce competition in the global automobile market.

While accelerating the research and development of solid-state battery technology, SAIC Motor continues to promote brand structure adjustment. SAIC Motor will focus on developing its own brands and joint venture brands, which means the group will make further efforts to enhance the competitiveness and global influence of its own brands. We strive to realize that our own brands account for 60% of global sales, thereby bringing more market share and profit growth space for SAIC.

Product technology upgrade is another key aspect of SAIC Group’s strategic planning. The transformation to electric, intelligent and connected vehicles, with the sales target of new energy vehicles reaching 50%, reflects SAIC’s commitment to sustainable development and environmental protection. In addition, the company plans to increase the proportion of domestic sales of intelligent connected vehicle equipment with L2 and above technology to 50% to further promote the development of intelligent vehicles and meet consumers' needs for intelligent driving and Internet connectivity.

Market structure adjustment is also an important part of SAIC Group’s strategic planning. In order to expand sales scale, the company will not only focus on the domestic market, but also actively explore overseas markets. Our goal is to achieve overseas sales accounting for more than 20% and reach sales of 1.5 million vehicles. SAIC Group's strategic actions will further strengthen its position in the global automotive market and provide it with more growth opportunities and international competitive advantages.

The solid-state battery joint laboratory established by SAIC and Qingtao (Kunshan) Energy Development Co., Ltd. will provide important support for the company’s solid-state battery technology research and development. The cooperation between the two parties will cover multiple projects, including mass production applications of long-range solid-state power batteries, fast charging technology, high-security and long-life solid-state power batteries, and high-efficiency solid-state battery integration technology. This cooperation will accelerate the breakthrough and commercialization process of SAIC's solid-state battery technology and lay the foundation for the launch of more advanced new energy vehicles in the future.

SAIC Group’s strategic planning and development plans demonstrate the company’s ambition and innovation in the field of new energy vehicles. Through technological innovation and market expansion, SAIC will further enhance product competitiveness, strengthen brand influence, and achieve long-term development goals in the global automotive market.

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