SAIC Motor and Alibaba Group signed an agreement on the creation of a new automotive company Zhiji AUTO

Posted by kachalo on 27 ноября, 2021 in termination | Short Link

The largest Chinese automaker Saic Motor and one of the world’s world commerce leaders Alibaba Group on Thursday, in Shanghai, signed an agreement on the creation of a new automotive, and more precisely to say the electromotive company called Zhiji Motor.

The company received «registration» in the park of high technologies in Shanghai Pudong district. The first round of investment in the project attracted $ 1.52 billion. It is assumed that the future products of #Zhiji Motor will be the symbiosis of all the most modern technologies and innovations. #Saic Motor will provide its electric vehicle platform and batteries. #ALIBABA Group will attract all the latest technologies developed in Zhangjiang Hi-Tech Park, and Alibaba Cloud based ecosystem. As a result, consumers can get a high-class electric car with elements of artificial intelligence and integration with cloud Internet systems.

The first electric concept of the Zhiji Motor brand will be presented in January 2021 at events in Shanghai, London and North America.

In China, this is not the first time the parent company for the production of a new line of electric vehicles creates a separate brand. Previously, Dongfeng Motor created the Voyah Electromobile Brand, Baic has ArcFox, and Geely has Geometry. This is done, most likely, based on marketing considerations, separating the new technique from the old. In the case of SAIC and Alibaba cooperation, it is quite possible to expect something if not revolutionary, then definitely Khaipovoy. Although, to be honest, just do not think that this is conservatism, in the car, the main security and functionality. And all these Internet are just a beautiful balobiness. Also remind you that the SAIC contains another electric car brand — Roewe.

As for the electromotive market in China, then, despite the rising crisis for the sale of electric vehicles in the country

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