中 China Alternatives

SAIC-GM-Wuling 上汽通用五菱 / 五菱

China · Liuzhou

alternative to GM / Toyota / Hyundai

Maker of affordable Wuling EVs (Hongguang Mini EV, Bingo); a SAIC-GM-Wuling JV.

Why it fits

  • EVs
  • Cost-effective

Regional alternatives

Product facts

Segment
EVs
Role
manufacturer

Maker of the affordable Wuling Mini EV / Bingo; financials are the SAIC parent

Regulatory & supply-chain notes

EU trade-remedy duties on imports
  • new battery electric cars (up to nine seats) from China, including range-extender (EREV) models; plug-in hybrids are outside the scope
    Countervailing 35.3% (company) ↗
    SAIC-GM-Wuling is listed in the SAIC group, so EU importers of its China-made battery-electric cars pay a 35.3% countervailing duty on top of the 10% car tariff. Commission Implementing Regulation (EU) 2024/2754

Company & market

Parent company
SAIC Motor
Registered
Liuzhou
Listing
A-share
Ticker
600104.SS
Market cap / val. (USD)
~$20 B (2026, SAIC group)
Foreign-investable
Yes
  • Global 500 #138
  • China 500 #38
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A China-based alternative to

General Motors (GM) Toyota Hyundai