# Who does SAIC Motor pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/saic-motor · Facet: suppliers · Updated: 2026-07-12T04:15:58.008+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: SAIC Motor's confirmed suppliers/cost counterparties include CATL plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 2 cost edges, backed by 4 dated sources, 2 of them primary filings (as of 2026-07-12).

### CATL (high)  → /catl.md
- note: Sources and co-produces NEV batteries with CATL through a lithium-ion battery JV and a battery-system JV, plus CATL tie-ups at SAIC-GM and SAIC-GM-Wuling and a battery-swap JV (Jieneng Zhidian).
- [confirms] Gasgoo (EN, news, published 2025-06-20) https://autonews.gasgoo.com/articles/ev/70015117: "SAIC-GM and CATL signed a strategic cooperation to research and develop NEV batteries."
- [confirms] SAIC Motor (EN, filing, published 2025-03-15) https://www.saicmotor.com/english/latest_news/saic_motor/49664.shtml: "SAIC Motor and CATL set up two JVs to produce batteries — lithium-ion cells (RMB2B registered capital) and battery systems (RMB300M)."

### 철강·부품·전장 공급망 (mid)
- note: Steel, components, power electronics and chips make up the bulk of vehicle cost. In 2024 the price war squeezed cost and gross margin, while the NEV shift raised the weight of batteries and electronics.
- [confirms] SAIC Motor (EN, filing, published 2025-08-28) https://www.saicmotor.com/english/investor_relations/financial_data/index.shtml: "In 2024 the price war cut sales and gross profit, pressuring the cost structure; interim/annual reports note raw-material and component cost burden."
- [mentions] Business Post (KO, news, published 2025-04-22) https://www.businesspost.co.kr/BP?command=article_view&num=420225: "SAIC is preparing semi-solid-state battery production EVs, expanding electrification component and battery investment."

Reverse side: https://valuechain.wiki/saic-motor/customers.md · Ripple: https://valuechain.wiki/saic-motor/ripple.md

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Full node: https://valuechain.wiki/saic-motor.md · JSON: https://valuechain.wiki/saic-motor.json