SAIC Group disbands Feifan Intelligent Driving due to poor sales

Due to poor sales, SAIC Group decided to lay off the Feifan Intelligent Driving Department. In 2022, Feifan Automobile's annual sales were less than 15,000 vehicles; in 2023, driven by the Feifan F7 and Feifan R7 models, annual sales exceeded 20,000 vehicles, which is far lower than many new power brands and also lags behind its brother Zhiji Auto.