“We will invest RMB 20 billion in the development of self-owned brand products.” On April 7, Gao Weimin, general manager of SAIC's technology center, disclosed that by 2015, SAIC will invest RMB 37 billion in the R&D of its own brand.

Gao Weimin told reporters that by 2012, SAIC's new energy vehicles will be put into the market in small quantities and will not have a significant share of the group's overall revenue in the short term. "The main reason for consumers to wait and see is the maturity of new energy batteries." Gao Weimin said that policies and markets need to be gradually improved.

In spite of this, Gao Weimin stated that SAIC will continue to take the industrialization of new energy vehicles as its mission. At the forthcoming 14th Shanghai International Automobile Industry Exhibition, the company will use the theme of “innovation, innovation, and win-win future” to gather its own brands and joint ventures to showcase the latest of passenger cars and commercial vehicles. product.

As a result of the achievements, this year will exhibit more than 110 car show vehicles from 8 vehicle companies, more than ten starter models and a number of self-developed new energy core components. The results of the show include five self-developed Roewe 550 plug-in hybrid cars, Roewe 350 pure electric cars, E1 pure electric concept car, Shanghai brand Plug-in fuel cell car, "Leaf" concept car and other five new energy vehicles .

It is reported that the Roewe 550 plug-in hybrid car that is about to be unveiled for the first time will have a fuel saving rate of 50% and a combined fuel consumption of only 2.7L per 100 kilometers. It will meet the national 5 emission standards and will be mass-produced in 2012.

Recently, the Roewe 550 independently developed by SAIC obtained the “China Automotive Industry Science and Technology Award”, which is known as the “Nobel Prize” of China’s automotive technology. This is the first time that autonomous cars have been honored. Previously, SAIC has accumulated corresponding experience in the field of new energy vehicles. In 2010, SAIC Motors provided more than 1,000 new energy vehicles for the Expo, with a safe operation of 12.4 million kilometers and nearly 200 million passengers. The vehicle intact rate reached 99%.