buick electra l7

SAIC and GM Extend China Joint Venture to 2047, Plan 30 NEV Models

SAIC Motor and General Motors have extended their SAIC-GM China joint venture by 20 years to 2047, signaling long-term commitment amid market challenges. The partnership will launch at least 30 new energy vehicle models by 2030 and begins exporting the Buick Electra L7 overseas in October.