Doesn't SAIC develop SGE for GM? Besides, MG, Maxus, Roewe, Wuling brands are quite successful in China and abroad. Meanwhile light trucks aside, JAC cars aren't super popular in China. BAIC is even worse. The only reason why they haven't went bankrupt yet is because they have "Beijing" logo on their cars and their joint venture with Mercedes. Literally, name a single model of theirs that is successful in recent years. IMO Changan and SAIC are the most successful SOE, with GAC and FAW (Hongqi) distantly behind.I think the Chinese automotive sector is going to change a lot in the next 10 years especially since foreign ownership limits have been removed this year. The SOEs will probably be the worst hit
SAIC is probably going to lose their market position and get merged since the majority of their sales are from joint ventures. It's crazy how despite selling 5 million cars a year they still don't have a decent brand of their own and still rely on imported engines. Maybe something like a SAIC+Chery+JAC+Li Auto merger since they're all located in the pearl delta.
Dongfeng and FAW are also zombie SOEs that rely on tons of sub-brands to confuse consumers into buying their crappy cars. Their cars are completely uncompetitive by international standards, not just in ICE but also in EV tech. I have honestly no idea how they're going to survive.
Changan, BAIC and GAC are the SOEs that will be fine since they've actually been making effort to build up their own brand and technology. GWM is a private company that seems to have quite strong branding though only for SUVs, but they're currently making the mistake of making too many brands like POER, WEY, Tank, ORA.
Private companies like Geely, BYD, Nio, Xpeng will probably get a significant boost. Geely's recent volvo-fication and new EV brand Geometry are good steps.