SAIC Motor and Audi deepen strategic cooperation to accelerate the development of new electric models

On July 26, 2023, SAIC Group and Audi signed a memorandum of understanding to accelerate the development of SAIC Audi's new electric models to meet Chinese users' demand for high-end electric smart connected vehicles. The two parties may cooperate based on the pure electric exclusive series platform "SAIC Nebula", which can derive different levels of pure electric exclusive architectures, covering multi-level and multi-category vehicle products.