- 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
- BAIC Motor reports profit of RMB4.083 billion, down by 7.8%
BAIC Motor, BAIC Group’s Hong Kong listed subsidiary, announced its 2019 net profit attributable to equity holders slid 7.8% from the year-ago period to RMB4.083 billion, and the basic earnings per ...
Mar. 31 , 2020
- BAIC BJEV’s sales slump continues in Februay
BAIC Group’s NEV arm BJEV, one of leading EV manufacturers in China, sold only 1,002 new vehicles in February, a year-on-year plunge of 65.05% and a month-on-month slump of 50.05%.
Mar. 09 , 2020
- BAIC BJEV sees sales tumble 55.54% in Jan. 2020
BAIC BJEV, the NEV unit of BAIC Group, sold 2,006 new vehicles in the first month of 2020, a year-on-year plunge of 55.54%, according to a statement from its parent company BAIC BluePark New Energy Te...
Feb. 11 , 2020
- BAIC BJEV launches 2029 Plan
On January 15, BAIC Group’s NEV unit BJEV released a new roadmap, dubbed “2029 Plan”, drawing the blueprint for the next decade.
Jan. 16 , 2020
