SAIC Hongyan

SAIC Hongyan Automotive Co., Ltd. is a Chinese truck manufacturing company headquartered in Chongqing, China and owned by Shanghai New Power Automotive Technology, a subsidiary of SAIC. The company was established in January 2003 as a joint venture co-owned by the Chongqing municipality with the name Chongqing Hongyan and traces its origins back to a Chinese manufacturer established in 1965. In 2007, it was renamed SAIC Iveco Hongyan Commercial Vehicle after SAIC and Iveco bought shares in the venture. In September 2021, it adopted its present name after becoming a wholly owned subsidiary of Shanghai New Power Automotive Technology. The company is focused on producing Iveco-based heavy trucks which are mostly marketed under the Hongyan marque.