What is the overall goal of SAIC Motor's 14th Five-Year Plan?
2 Answers
SAIC Motor's overall goal for the 14th Five-Year Plan is: By 2025, strive to rank among the top five global automakers, with an operational scale reaching the trillion-level. Here is an introduction to the relevant content: Sales Plan: Annual overseas sales are targeted to reach 1.5 million vehicles, accounting for about 15% of the group's total sales, with an expected annual compound growth rate exceeding 30%. Based on this projection, SAIC Motor's overall annual sales target during the 14th Five-Year Plan period is approximately 10 million vehicles. 14th Five-Year Plan Goals: SAIC's goal is to achieve profitability in key overseas markets such as Europe during the 14th Five-Year Plan period.
As a long-time car enthusiast, I'm particularly interested in SAIC's 14th Five-Year Plan, which outlines their overarching goal to become a world-class automotive enterprise. The core objectives focus on vigorously developing new energy and intelligent technologies, such as aiming for new energy vehicle sales to account for over 30% of total sales by 2025, while increasing the proportion of self-owned brands to around 50%. They also emphasize digital transformation, leveraging AI and big data to optimize production processes, such as building smart factories to enhance efficiency. This not only promises consumers more affordable intelligent models, featuring autonomous driving and remote control capabilities, but also makes charging more convenient. In the long run, this innovative strategy is expected to drive industry-wide upgrades, and I personally look forward to seeing more domestic cars shine on the global stage.
