SAIC Motor plans legal action against EU's draft findings on Chinese electric vehicles, affecting its 2024 sales.

SAIC Motor, a Chinese carmaker, plans to take further legal action in response to the European Commission's draft findings from anti-subsidy investigations into Chinese electric vehicles. These investigations have affected SAIC's 2024 overall sales, causing short-term fluctuations. To mitigate these challenges, SAIC aims to intensify its recovery efforts and target consistent growth in monthly sales.

August 21, 2024
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