- 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
- BAIC BJEV wins sales title in BEV market for seven years in a row
BAIC Group's NEV unit BJEV announced its 2019 annual sales of 150,601 units, crowned the best seller of battery-only electric vehicles in China for seven consecutive years.
Jan. 10 , 2020
- BAIC Group hits 2019 revenue target of RMB500 billion
BAIC Group announced, on the second day of this year, its 2019 revenue reached over 500 billion yuan ($71.7 billion), versus roughly 480 billion yuan ($68.8 billion) in 2018.
Jan. 07 , 2020
- ARCFOX’s first pre-production car rolls off the production line at BAIC-Magna Zhenjiang plant
On December 30, the first pre-production car under ARCFOX, a premium BEV brand of BAIC BJEV, officially rolled off the production line at the Zhenjiang plant co-founded by BAIC and Magna.
Dec. 31 , 2019
- BAIC Motor to invest in national NEV tech innovation center to speed up innovation
BAIC Motor on December 24 agreed with other investors to add capital to the National New Energy Vehicle Technology Innovation Center (National NEV Tech Innovation Center).
Dec. 25 , 2019
- BJEV approved to invest in project of BAIC-Magna manufacturing JV
New progress was recently made in the project of the manufacturing joint venture between China’s state-owned automaker BAIC and the leading global automotive supplier Magna.
Dec. 19 , 2019
- BAIC BJEV’s Jan.-Nov. auto sales dip 11.2% year on year
As of November, 2019, BAIC Group’s NEV unit BJEV had posted sales downturn for the third month in a row, which led to a higher decrease in its year-to-date sales.
Dec. 10 , 2019
- BAIC Motor, Daimler once again inject capital to finance leasing subsidiary due to growing risk assets
On December 5, BAIC Motor entered into an agreement with Daimler Greater China Ltd. (DGRC) to contribute an aggregate amount of RMB500 million to Mercedes-Benz Leasing Co., Ltd. (MBLC).
Dec. 06 , 2019
