SAIC Motor Group recently held the 2024 Mid-Year Cadre Conference. Jia Jianxu, the new president, said at the meeting that under the pressure of the transition from fuel vehicles to new energy sources, SAIC Motor Group must achieve total collaboration, not only to reduce visible costs, but also to reduce invisible costs. Some vehicle sub-brands will use profits from the fuel vehicle business to subsidize losses in the electric vehicle business, and seek survival and then development. At this conference, Jia Jianxu also proposed phased work goals and ideas for various vehicle sub-brands under SAIC Motor Group, involving business sectors such as Zhiji, SAIC-GM-Wuling, SAIC-Volkswagen, and SAIC-GM.

SAIC Motor Group recently held the 2024 Mid-Year Cadre Conference. Jia Jianxu, the new president, said at the meeting that under the pressure of the transition from fuel vehicles to new energy sources, SAIC Motor Group must achieve total collaboration, not only to reduce visible costs, but also to reduce invisible costs. Some vehicle sub-brands will use profits from the fuel vehicle business to subsidize losses in the electric vehicle business, and seek survival and then development. At this conference, Jia Jianxu also proposed phased work goals and ideas for various vehicle sub-brands under SAIC Motor Group, involving business sectors such as Zhiji, SAIC-GM-Wuling, SAIC-Volkswagen, and SAIC-GM.