- BAIC Motor’s subsidiary to subscribe for 6.25% A shares newly issued by BAIC BluePark
BAIC Guangzhou agreed on August 3 to subscribe for not less than 6.25% of the total new A shares to be issued by BAIC BluePark, an A-share listed subsidiary of BAIC Group (a controlling shareholder o...
Aug. 06 , 2020
- BAIC BluePark intends to raise up to 5.5 billion yuan for development of ARCFOX premium models
BAIC BluePark intends to raise not more than 5.5 billion yuan ($787,841,450) through a non-public issuance of stocks, some of which are set to be poured in the development of ARCFOX-branded premium ve...
Aug. 05 , 2020
- BAIC Group, State Grid EV step up cooperation in battery swapping, charging businesses
BAIC Group and State Grid Electric Vehicle Service Co., Ltd. (called “State Grid EV” for short) signed a framework agreement on July 27 to cement their strategic cooperation in order to promote th...
July 28 , 2020
- Faurecia partners with BAIC in China for Seating business
Faurecia, one of the world leading automotive technology companies, and BAIC, one of China’s largest automotive manufacturers, today announced the establishment of a new 50-50 joint venture in China...
July 24 , 2020
- BAIC Group, DiDi expand cooperation to high-level autonomous car R&D
BAIC Group and Didi Chuxing (DiDi)’s autonomous driving subsidiary signed on June 19 a framework agreement to have an in-depth cooperation on fields of automobile, AI and car sharing, according to a...
June 22 , 2020
- BAIC’s EV unit attempts to raise money by issuing up to 3 billion yuan corporate bonds
BAIC BJEV, BAIC Group’s NEV arm, plans to publicly issue corporate bonds with a principal amounting to not more than 3 billion yuan ($423,268,500), according to its parent company BAIC BluePark New ...
June 19 , 2020
- BAIC Group to acquire 21.26% stake in car rental service provider CAR Inc.
UCAR, a Chinese app-based chauffeured car service provider, signed on May 31 a non-legally binding strategic cooperation agreement with BAIC Group, pursuant to which the latter will acquire no more th...
June 01 , 2020
- BAIC BluePark’s net profit jumps 25.54% year on year in 2019
BAIC BluePark New Energy Technology Co.,Ltd. (BAIC BluePark), the parent company of BAIC's NEV unit BJEV, announced its full-year revenue in 2019 leapt 30.39% over a year ago to RMB23.589 billion, and...
Apr. 21 , 2020
