LIÊN DOANH GM - (SAIC - WULING)
Joint venture General Motors (GM) - (SAIC - WULING) was established in 2002, is a cooperation of 3 companies including: General Motors - USA (44% shares), SAIC Motor (50.1% shares) and Wuling Motors (5.9% stake). Joint venture GM - (SAIC - WULING) possesses advanced R&D capacity with 6 production facilities and 14 testing centers around the world with a total investment of more than 580 million USD, applied according to the system. General Motors global manufacturing; provides a diverse product range including: passenger cars, family cars, commercial vehicles and engines for small and mini electric vehicles.
Through available resources from shareholders, GM - (SAIC - WULING) joint venture has applied advanced business ideas and management systems, emphasizing the creation of high value at low costs. to promote the company's business process reorganization and resource integration, helping to build a core competitive value chain. Since 1995, GM's global product lines - (SAIC - WULING) have been exported and distributed to 96 countries and territories worldwide.
TYPICAL ACHIEVEMENTS:
- In November 2021, the joint venture GM - (SAIC - WULING) achieved cumulative sales of 25 million vehicles, maintaining the top position in sales of a manufacturer in the Chinese market for 13 consecutive years .
- Pioneering in promoting the development of the small electric car segment (Global Small Electric Vehicle), the joint venture GM - (SAIC - WULING) became the leading manufacturer of mini electric vehicle sales globally with cumulatively more than 1 million vehicles sold.
- In 2021 and 2022, the joint venture GM - (SAIC - WULING) will be the 3rd electric car manufacturer in the world in terms of vehicle sales with more than 456 thousand (2021) and 480 thousand (2022) electric vehicles sold respectively. out (Source: InsideEVs).