General Motors and SAIC Motor have agreed to extend their joint venture partnership for another 20 years, pushing the collaboration to 2047.
The move marks 50 years since the partnership began in 1997.
As part of the renewed agreement, SAIC-GM will launch at least 30 new energy vehicles by 2030.
The companies also plan to deploy more technology solutions developed in China for the Chinese market.
Focus on Buick and Cadillac
The partnership will sharpen its focus on the Buick and Cadillac brands in China.
Buick's new Electra sub-brand has already shown promise, with over 10,000 E7s delivered in its first month on sale.
The companies are looking to export the E7 to select global markets starting in October.
GM China President John Roth expressed confidence in the joint venture's long-term growth potential.
GM and its joint ventures delivered nearly 1.9 million vehicles last year, a 2.3% increase from 2024.
GM sold almost a million new energy vehicles in the same period.
The agreement also keeps the joint venture with Guangxi Automobile Group, which produces SAIC-GM-Wuling.
That brand sold more than 435,000 Hong Guang EVs last year, making it the best-selling NEV in China.
