GM and SAIC extended their 50-50 joint venture through 2047.
SAIC-GM will produce at least 30 new-energy models by 2030, using Chinese-developed platforms and software.
China will be GM’s engineering and export hub for shipping Buick and Cadillac models.
GM is not walking away from China—it is doubling down. General Motors just locked in a 20-year renewal of its 50-50 SAIC-GM joint venture to 2047, even as Chinese brands eat into its sales and Western rivals quietly scale back. The refreshed tie-up will lean hard on Buick and Cadillac, with Chevrolet pulled from China showrooms after a broader restructuring of GM’s local operations.
The renewed…
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