Welcome!

News Feed Item

eHi Car Services Enters into Strategic Partnership with SAIC Motor

SHANGHAI, Sept. 1, 2014 /PRNewswire/ -- eHi Car Services has entered into a strategic partnership with SAIC Motor, the largest automotive manufacturer in China and a Global Fortune 500 company. This relationship starts with a first order of thousands of vehicles including Roewe E50 electric vehicles and Roewe 550 plug-in electric hybrid vehicles.

Recently, the Chinese government has released several stimulating policies such as a waiver of sales tax and free license plates to further develop the electric vehicle industry in China. The industry is growing rapidly, and the alliance of eHi and SAIC is a milestone, signaling the bright future of China's electric vehicle industry.

Xiaoqiu Wang, Vice President of SAIC, said during the signing ceremony, "As the first Chinese automaker who strategically planned the development of alternative energy vehicles, SAIC has been focusing on R&D, manufacturing and production. Currently, SAIC offers Roewe E50 EV, Roewe 550 PLUG-IN HYBRID, Roewe 750 FUEL-CELL, and other alternative energy vehicles. Other than having government support, it is more important to create an active market demand for electric vehicles in China. We believe the alliance of eHi and SAIC can help promote electric vehicle adoption as well as the electric vehicle industry in China."

Ray Zhang, eHi's founder and CEO, mentioned that eHi has been maintaining a great relationship with SAIC. "Both parties have been working together on the rental service of electric vehicles since 2013. The successful collaboration is on a strong foundation for this strategic partnership," said Ray Zhang. "We are very impressed by SAIC's leading technologies, excellent product quality and post-sale services. Our strategic partnership will cover all SAIC product lines from existing vehicle models to future models particularly in alternative energy vehicles. eHi will actively participate in SAIC's product development and market promotion. In turn, SAIC can leverage eHi's nationwide coverage to offer consumers SAIC's latest products. We are looking forward to adding SAIC's best-in-class products in our wide variety of offerings to our valued customers through our online and offline channels."

As a leading car rental services provider in China, eHi Car Services has the largest directly-owned service network covering over 90 Chinese cities and over 700 service locations. eHi has been providing EV rentals and free charging service to its customers, and these services will be available in more cities in China.

eHi's Roewe E50 EV rental has been well accepted by many customers. This new round of EV acquisition is based on eHi's more than a year of operating experience, data analysis and market experiments.

SAIC released its Roewe 550 PLUG-IN model in March this year, which has received very positive feedback. The car has a driving range of more than 500 kilometers while reducing fuel consumption by 70%. eHi is looking forward to the success of Roewe 550 PLUG-IN in the rental car market because of the car's greater fuel efficiency and better comfort level.

Some experts stressed that this strategic partnership between eHi and SAIC is a great start to allow consumers to experience and learn more about alternative energy vehicles given the growing environmental concern in China. It also helps in the building of EV charging infrastructure and developing related technologies.

About eHi

eHi is the leading car rental and car service provider in the fast growing market in China. Founded in January 2006 with the goal of providing comprehensive mobility services to both consumer and corporate clients, eHi is the first car rental company utilizes the latest information technology to achieve a complete service delivery and vehicle management system in China. With its headquarter based in Shanghai, eHi offers car rental and car service nation-wide with more than 700 eHi outlets located in more than 90 cities. eHi's fleet consists of more than 100 different vehicle types. During the past eight years since its establishment, eHi has experienced a steady and rapid growth while achieving industry leading vehicle utilization rate and brand-name recognition. Today, eHi has become the designated car service provider for most of the Fortune 500 companies that have operations in China.

About SAIC Motors

SAIC Motor is the largest auto group on the Chinese A-share stock market (Stock Code: 600104). By the end of 2013, SAIC's total equity topped 11 billion units. SAIC Motor provides research, production, sales and logistics services of vehicles (passenger cars and commercial vehicles) and components (engines, gearboxes, powertrains, chassis, interior and exterior and electronic components). It also offers vehicle telematics, second-hand vehicle transactions and auto finance services. SAIC's affiliated vehicle companies include Morris Garages, SAIC Motor Commercial Vehicle Co, Shanghai Volkswagen Co, Shanghai General Motors Co, Shanghai General Motors Wuling (SGMW), NAVECO Ltd, SAIC-IVECO Hongyan and Shanghai Sunwin Bus Corporation (SUNWIN). SAIC Motor has maintained its dominant position in the domestic auto industry. In 2013, it sold 5.11 million vehicles, an increase of 13.7 percent over the past 12 months. In addition, it took in $92.02 billion in revenue that year and climbed up the Fortune 500 list for the tenth year running, making its way to 85th place from last year's 103rd.

SOURCE eHi

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
Imagine having the ability to leverage all of your current technology and to be able to compose it into one resource pool. Now imagine, as your business grows, not having to deploy a complete new appliance to scale your infrastructure. Also imagine a true multi-cloud capability that allows live migration without any modification between cloud environments regardless of whether that cloud is your private cloud or your public AWS, Azure or Google instance. Now think of a world that is not locked i...
Technology innovation is the driving force behind modern business and enterprises must respond by increasing the speed and efficiency of software delivery. The challenge is that existing enterprise applications are expensive to develop and difficult to modernize. This often results in what Gartner calls "Bimodal IT," where business struggle to apply modern tools and practices to traditional monolithic applications. But these existing assets can be modernized and made more efficient without havin...
Most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes a lot of work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
SYS-CON Events announced today that Auditwerx will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Auditwerx specializes in SOC 1, SOC 2, and SOC 3 attestation services throughout the U.S. and Canada. As a division of Carr, Riggs & Ingram (CRI), one of the top 20 largest CPA firms nationally, you can expect the resources, skills, and experience of a much larger firm combined with the accessibility and attent...
SYS-CON Events announced today that Technologic Systems Inc., an embedded systems solutions company, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Technologic Systems is an embedded systems company with headquarters in Fountain Hills, Arizona. They have been in business for 32 years, helping more than 8,000 OEM customers and building over a hundred COTS products that have never been discontinued. Technologic Systems’ pr...
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
In his session at Cloud Expo, Alan Winters, an entertainment executive/TV producer turned serial entrepreneur, will present a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to max...
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
MongoDB Atlas leverages VPC peering for AWS, a service that allows multiple VPC networks to interact. This includes VPCs that belong to other AWS account holders. By performing cross account VPC peering, users ensure networks that host and communicate their data are secure. In his session at 20th Cloud Expo, Jay Gordon, a Developer Advocate at MongoDB, will explain how to properly architect your VPC using existing AWS tools and then peer with your MongoDB Atlas cluster. He'll discuss the secur...