SAIC Motor Corp

It is aiming to sell 1.2 million vehicles next year, almost equal to the number of EVs made by China’s carmakers last year.

SINGAPORE (June 4): On Feb 23, Daimler announced in a filing that Zhejiang Geely Holding Group had acquired a 9.7% stake in Daimler for €7.3 billion ($11.4 billion). With this stake, Geely becomes the single-largest shareholder of Daimler, whose most fa