July 11 (NBD) -- Chinese automotive manufacturer SAIC Motor Corp Ltd (SAIC Motor, 600104.SH) inked a  strategic cooperation memorandum with the government of East China's Nanjing on Monday, to deepen collaboration in areas like industry development, investment projects and technology upgrading. 

According to the memorandum, SAIC Motor will further increase investments in new-energy vehicles and intelligent connected vehicles.

Email: zhanglingxiao@nbd.com.cn