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SAIC Mobility
Ride-hailing, corporate rentals, and autonomous mobility services
About SAIC Mobility
SAIC Mobility, also known as Xiangdao Chuxing, is the strategic mobility service platform of Chinese state-owned automaker SAIC Motor. Launched in 2018, the company was established to spearhead SAIC Motor's expansion into the online car-hailing market and its digital transformation centered on "smart human mobility". The CEO is Zhuang Jingxiong.
The company's business model is structured around three main pillars: individual mobility, corporate mobility, and future mobility. For individuals, it operates a ride-hailing network in nearly 100 cities across China and offers personal car rentals. For corporate clients, its brand "Xiangdao Zuche" provides vehicle services in over 150 cities, serving more than 5,000 enterprise clients with a fleet of over 25,000 vehicles. The company's future mobility segment is focused on the commercialization of autonomous driving through its Robotaxi service. Launched in December 2021, the Robotaxi service operates in cities like Shanghai and Suzhou and has completed over 330,000 rides. This service is powered by a partnership with AI company Momenta, utilizing its "Flywheel L4" autonomous driving technology.
SAIC Mobility has secured significant funding to fuel its growth, including a Series B round of over RMB 1 billion in August 2022, which valued the company at over US$1 billion. In May 2025, it announced the completion of a Series C financing round of over 1.3 billion yuan ($179 million), the largest in China's mobility sector in the preceding three years. Key investors include its parent company SAIC Motor, Alibaba Group, Contemporary Amperex Technology (CATL), and Momenta. The company plans to use the latest funding to expand its Robotaxi fleet, with a goal of deploying 200 autonomous vehicles in Shanghai by 2026, and to explore overseas markets.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | May 2025 | $180M | $1.4B | Undisclosed | ↗ |
| SERIES BOther financing | Aug 2022 | $148M | $1B | SAIC Motor · SAIC Investment · Momenta.ai · Gaohang Management Consulting | ↗ |
Growth signals
Latest recorded traffic for SAIC Mobility is 3K monthly website visits, down 72.7% over the last three months.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A6 investors entered at this stage
Alibaba
CATL
SAIC Motor
SAIC Investment
Momenta.ai- GCGaohang Management Consulting
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about SAIC Mobility on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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