SAIC

Global Warming Dims the Spicy Appeal of Chili Peppers

6 months ago

As climate change continues to reshape agricultural practices and crop production, one of the most alarming impacts is the diminishing heat of chili peppers. This beloved staple in cuisines around the world is undergoing a significant transformation as rising temperatures alter how these fiery fruits are grown and experienced.

SAIC’s Maxus Teams Up with BYD to Demand Major Price Cuts from Suppliers

6 months ago

In an ambitious move reflecting the ongoing shifts in the automotive industry, SAIC Motor Corporation's Maxus brand has joined forces with BYD Auto to exert pressure on their suppliers for a significant 10% reduction in component prices. This collaborative effort signifies a broader strategy among major automotive manufacturers to manage costs amid rising inflation and supply chain challenges.

Mosaic Fertilizer Company Faces Profit Decline Amid Hurricane Challenges in Florida

7 months ago

The Mosaic Company, a leading producer of potash and phosphate fertilizers, has reported a significant hit to its profits due to the recent hurricanes impacting Florida. This development has raised concerns among investors and analysts about the company's financial stability moving forward.

Chinese EV Sales in Europe Plummet to Lowest Levels in Over a Year

8 months ago

According to recent industry data, sales of electric vehicles from Chinese manufacturers BYD and SAIC have dropped to their lowest in more than a year in the European market. The precipitous fall in sales constitutes a severe setback for China's aspirations to dominate the global electric vehicle market, particularly in Europe, where local players draw their levers ever tighter.