上汽集团打出“三套拳”，与华为合作采取“智选车”模式

Core Insights - SAIC Group is adopting a three-pronged strategy to tackle market challenges, focusing on internal restructuring, external collaboration, and global expansion [1][2]. Group 1: Internal Restructuring - The first strategy emphasizes the integration of core businesses within its autonomous brands, aiming for resource concentration and operational efficiency [5][6]. - SAIC plans to streamline its passenger vehicle brands, including the re-integration of Feifan into the Roewe brand, targeting the mid-to-high-end new energy vehicle market (200,000-400,000 yuan) [7]. Group 2: External Collaboration - The second strategy focuses on external partnerships, with SAIC committing to a collaborative approach without technological barriers, engaging with leading companies like Huawei and CATL [8][9]. - The collaboration with Huawei is defined as the "Intelligent Selection Car" model, which includes shared technology and co-creation of value across product definition, design, and marketing [9][10][11]. Group 3: Global Expansion - The third strategy aims at expanding SAIC's global footprint, promoting "Chinese Intelligent Manufacturing" [2]. - The company is set to launch its first solid-state battery, "Guangqi Battery," by 2027, with significant advancements in battery technology expected in the coming years [12]. Market Challenges - The automotive market in China is becoming increasingly competitive, with SAIC facing challenges such as a projected nearly 80% decline in net profit for 2024, primarily due to falling profits from joint ventures [13].