SAIC Zhiji completes Series B financing and plans to accelerate R&D and new product launches

SAIC Zhiji announced that its Series B financing has been successfully completed, raising a total of RMB 9.4 billion. The funds will be used to increase the research and development of key technologies such as digital chassis, wire-controlled steering, and intelligent driving, and accelerate the launch of new products. It is expected that by 2025, the company will launch two pure electric models and two extended-range models.