SAIC Motor

Moving industry forward with next-gen advancements in energy storage and transmission

Alternative Energy

TROES (The Revolution of Energy Storage) is a Canadian company that develops IoT-based and AI-powered battery energy storage systems in 100 kWh to 10 MWh+ dimensions for commercial, industrial, and institutional customers. The company uses lithium iron phosphate technology (LiFePO4) in its batteries which come in indoor cabinet, outdoor cabinet and container cabinet forms.TROES also offers an AI powered dual-equilibrium technology that is capable of improving battery life cycle and overall system efficiency of the batteries. Additionally, the company offers a battery management system (BMS) which includes 3-layers of control and 3-layers of operation protection, as well as a remote monitoring system that leverages cloud infrastructure for remote access to TROES energy storage systems.Key customers and partnershipsIn May 2023, TROES partnered with PACS Energy Solutions to integrate TORES energy storage technology into PACS’ power solution. In June 2023, TROES partnered with Day and Night Solar to combine portable EV chargers, foldable solar panels, smart energy storage, and microgrid control to deploy EV charging solutions. The solution will incorporate a 533 kWh TROES BESS, a 50 KW solar array, two Level 2 EV chargers, and a fast DC 100 kW charger—all of which will be mounted on a 53 ft flatbed truck in order to be mobile.Funding and financialsIn <a href="https://sp-edge.com/updates/19484">June 2023</a>, TROES raised USD 1.5 million in funding for a project in partnership with Day and Night Solar, a US-based solar developer.

Electrifying passenger and commercial travel

EV Economy

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 SolidEnergy Systems (SES) is a lithium-metal battery developer and manufacturer of battery cells for EVs. SES hybrid Li-metal batteries replace the graphite anode with lithium-metal to improve energy density (to around 400 Wh/kg). SES also uses a hybrid electrolyte&mdash;the battery has a solid protective coating on the lithium-metal anode and a liquid in the cathode, unlike some solid-state batteries (Solid Power and QuantumScape) that are all-solid and free of any liquid. The company&rsquo;s battery is expected to enable a longer driving range (around 500&ndash;600 miles) and is also capable of reaching an 80% charge in under 15 minutes. In 2021, SES was the first company to introduce 100Ah Li-metal cells, globally.
 
 
 SES&rsquo; large format Li-metal EV and eVTOL cells known as &ldquo;Apollo&rdquo; can be customized for different OEM requests. As such, the company has begun pilot-scale manufacturing of 50Ah to 100Ah Li-Metal cells with GM, Hyundai, and Honda at their Shanghai (China) and Chungju (Korea) battery manufacturing facilities. The company aims to commercialize its batteries by 2025. SES 
 <a href="https://investors.ses.ai/news/news-details/2023/SES-to-Host-Battery-World-2023-and-Announce-Worlds-First-Automotive-B-sample-JDA-for-Li-Metal/default.aspx">
 expects
 </a>
 to establish the world&rsquo;s first B-sample Joint Development Agreement (JDA) with an automotive OEM in December 2023.
 
 
 &nbsp;
 Funding and financials
 
 
 In February 2023, SES received an undisclosed amount of cash grants from the South Korean Central Government. Prior to this in April 2021, the company raised USD 139 million in a Series D funding round led by General Motors, while in July 2021, it raised USD 100 million from Hyundai.&nbsp;
 
 
 SES was listed on NYSE through a SPAC merger in February 2022. The deal raised USD 275 million at a valuation of USD 3.6 billion. The proceeds were to be used to accelerate growth and fund key development initiatives.&nbsp;
 
 
 
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Zhiji Automobile specializes in the fields of developing and manufacturing electric vehicles. Zhiji Automobile is jointly created by SAIC Group and Alibaba Group. The company was founded in 2020 and is headquartered in Shanghai, China.

Zhejiang Lanneng is a proficient manufacturer of gas storage and transportation equipment combining R&D, production, sales, servicing, and system integration.

TROES is a Canadian company to develop smart power energy storage technologies, products, and solutions in a 170 Billion market to help middle-market project developers, power distributors, and power consumers to unlock numerous project opportunities with considerable payback which are not existed previously due to high project cost, lack of expertise and low development efficiency by using our patented modularized energy storage hardware and software.

Sunwoda Electric Vehicle Batter provides electric vehicle battery pack solutions for new energy vehicle companies through advanced lithium battery integration technology. They built the BMS with independent intellectual property rights by dedicating their entire ability to the R&D and manufacturing of electric car battery systems, and they also built up automatic production lines for cell sorting, modules, and battery packs.

Chuantu Microelectronics is engaged in designing of chips. It offers radiofrequency analog chips, micromodules, and solutions.  Chuantu Microelectronics began operation in 2016. It has its headquarters in Shanghai in China.

Inventchip provides power conversion solutions based on SiC power devices, SiC driver IC and SiC power modules. Applications: Wind Inverter, PV Inverter, Industrial Power Supply、 HEV/EV, Motor Drive, Charging Pile and other fields, and many.

Getech Technology provides industrial internet products and services to external manufacturers in China.

SAIC Mobility offers one-stop'' service travel service in personal online car-hailing, corporate car, personal car rental, taxi and other product lines.

SolidEnergy manufactures rechargeable cells at a pilot scale for prototype demonstration and specialized aerospace markets.  But their real future lies in the materials they supply—anodes and electrolyte—for mainstream markets such as consumer electronics and electric vehicles. They supply these to large Li-ion cell manufacturers to be integrated with a separator and cathode into full cells which can be customized for different applications including drones, consumer electronics, and electric vehicles. Because their anode and electrolyte materials are compatible with existing Li-ion cell manufacturing processes, they can achieve scalability by using existing infrastructure. This eliminates the need for costly infrastructure investment. It’s all part of their open ecosystem. It means a more seamless end-user experience, faster prototyping, and no limits to growth.

Momenta is an autonomous driving startup operating out of Beijing. Its deep-learning-based software in perception, HD semantic mapping, and data-driven path planning enables the realization of full autonomy. Momenta offer multi-level autonomous driving solutions as well as big data products and services. Momenta’s team is composed of experts in computer vision and deep learning, including one of the authors of Faster R-CNN and ResNet, the most popular deep learning network, as well as winners of ImageNet 2015, MS COCO Challenge 2015, and ImageNet 2017. The company is leading the autonomous driving software space with advanced technical competence and a strong commitment to innovation.

Naveco is a commercial vehicle manufacturer.

Banma Network Technologies is an Internet car startup. Banma Network Technologies intends to open up its AliOS in-car operating system to developers and carmakers in 2019. The company is realizing the promise of connected cars to enable the entire car and travel industry.

WM Motor is an automotive company that designs, manufactures, develops, and markets energy and battery-operated vehicles. It provides energy vehicle products and travel solutions to its customers. The company aims to conserve electronic vehicles in addition to intelligent data hardware, enabling consumers to utilize smart cars that are efficient and energy conserving. WM Motor’s products are built with three core technologies, the Living Motion electric powertrain, the Living Pilot intelligent driving assistance system, and the Living Engine operating system, which offers industry-leading smart connectivity and interactive features.

Qingtao Energy Development manufactures lithium batteries and industrial equipment. They produce lithium batteries that are used in energy vehicles, energy storage, and other fields. They also provide energy sources for the electric car industry.

AmpUp is the leading electric vehicle charging operating system, enabling drivers, hosts, and fleets to charge stress-free. The company's technology makes it easy for businesses and property owners to manage multiple charge stations and locations in one platform. It aims simplify EV charging with smart technology solutions that balance energy usage, resulting in a cleaner, smarter grid.

Black Sesame Technologies is an AI digital imaging technology firm that creates solutions for real-world AI challenges. It provides solutions for image processing and computing images, as well as embedded sensing platforms. The firm specializes algorithms for smartphones, autonomous driving, and other consumer electronics. It undertakes core R & D functions including core algorithm development, ASIC design, software system and ADAS engineering application team. Team members have extensive experience in industrial applications, has served in the industry well-known companies. Companies based on scientific and technological innovation, devote themselves to technology research and development, pay attention to quality and integrity services, to provide customers with high quality, safe and reliable technology and applications. Black Sesame Technologies develops image/video processing algorithms and related applications for imaging systems for the market. It was founded in 2016 and is based in Silicon Valley and Shanghai.

RoboSense (Suteng Innovation Technology Co., Ltd.) is the world leading environment perception solutions provider of autonomous driving LiDAR. The company is striving to deliver the world with cutting-edge robotic perception solutions which can perfectly integrate premium LiDAR hardware, 3D data processing algorithms, and deep learning technology. Through constant technology innovation, the company has made possible for robots to “see” the world with excellent environment perception capability. Registered in 2014, RoboSense is founded by a group of PhDs from Harbin Institute of Technology who have been working on LiDAR technology for more than 7 years. Over the past 4 years of commercialization, RoboSense, centered around LiDAR environment Perception technology has set up a complete operation system integrating R&D, Production, and Marketing. Besides an R&D center with Operation team headquartered in Nanshan District, Shenzhen, China, the company has an R&D center in Beijing and Silicon Valley. Until April 2017, the employee base of the company has exceeded 200 people(production employee excluded) with more than 60% are Postgraduates and PhDs. For a long time, the company has maintained cooperation with world-class educational and research institutes including MIT, HKUST, Tsinghua, and HIT on talent sourcing and academic exchanges.

TRON develops artificial intelligence technology to solve critical third- and fourth-level automatic driving functions or equivalent features in the vehicle automatic driving market.

Global Car Sharing is a joint-stock company with new energy vehicle time-sharing leasing as its core business and a strategic goal of developing car sharing. They are committed to building a car-sharing platform and service ecosystem with the concepts of sharing, environmental protection, efficiency, and innovation, as well as the development path of community, spreading across the country, and entering the global market.

Akin to Kelly’s Blue Book in the U.S., Car300 is the most comprehensive dominant leader in the used-car appraisal market. The penetration rate is more than 90% in China’s car dealer market and Car300 is the exclusive appraisal data provider to most of the online market places. Car300 also provides financial services and insurance products to transaction parties.

Mucang Technology focuses on automobile consumption through the mobile internet. The company uses the driving test book as a source, diverts from the driving test market and into the automobile aftermarket, and develops the national violation inquiry. There are several automobile application programmes available, including youtoutiao, buying car collections, xiaozhu used cars, and others. .

SMVIC is a third-party firm that inspects motor vehicle products. They offer automobile announcement tests of MIIT, vehicle environmental protection directory test of MEP, vehicle fuel consumption tests of MOT, CCC inspections and tests of CNCA for automobiles and components.

haicj.com is a used car trading center. They offer acquisition services for registered vehicles. Their online business is provided by various relevant business departments and many partners for the majority of users.

SAIC Motor is an automotive design company that focuses on the R&D, production, and sales of both passenger and commercial vehicles. SAIC Motor builds and sells passenger cars and commercial vehicles. Among them, SAIC Motor Passenger Vehicle Company, Shanghai Volkswagon, Shanghai General Motors, and SAIC-GM-Wuling are the passenger car producers while SAIC Motor Commercial Vehicle Company, Nanjing Auto Corporation, Sunwin, and SAIC-IVECO Hongyan Commercial Vehicle Company make vans, buses, and trucks. SAIC Motor was founded in 1955 and headquartered in Shanghai, China.

<div> SAIC Motor is an automotive design company that focuses on the R&amp;D, production, and sales of both passenger and commercial vehicles. SAIC Motor builds and sells passenger cars and commercial vehicles. Among them, SAIC Motor Passenger Vehicle Company, Shanghai Volkswagon, Shanghai General Motors, and SAIC-GM-Wuling are the passenger car producers while SAIC Motor Commercial Vehicle Company, Nanjing Auto Corporation, Sunwin, and SAIC-IVECO Hongyan Commercial Vehicle Company make vans, buses, and trucks. SAIC Motor was founded in 1955 and is headquartered in Shanghai, China. </div>

SAIC Motor’s auto logistics unit pockets over $275m from two new investors

Autonomous and connected technologies shaping the future of the auto industry

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