- BAIC BluePark H1 net loss narrows
Net loss of BAIC BluePark New Energy Technology Co.,Ltd. for the first half narrowed slightly, and it plans to expand its channels and network in the second half of this year.
Aug. 31 , 2021
- BAIC BJEV July sales see YoY increase
Last month, the electric vehicle arm of BAIC Group made 350 vehicles, up by 10.1% versus the previous month but down 68.8% year on year. Its monthly sales surged 120.3% month on month to 3,491 vehicle...
Aug. 16 , 2021
- BAIC Group, subsidiaries given 50 billion yuan worth of credit line from China Development Bank
On July 21, BAIC Group and China Development Bank’s Beijing branch entered into a strategic cooperation agreement under which the latter will grant a credit line worth 50 billion yuan ($7.722 billio...
July 21 , 2021
- BAIC BJEV only builds 318 vehicles in June
Sales were almost halved in June and more than halved for the first half of this year.
July 15 , 2021
- BAIC BJEV monthly sales down 43.16% year on year
The unit’s sales in the first five months were 5,374 units, more than halved when compared with the same period of last year.
June 16 , 2021
- DiDi Autonomous Driving said to close over $3 million funding round
DiDi Autonomous Driving, the self-driving technology arm of Didi Chuxing (DiDi), is about to raise over $300 million, of which $200 million will be invested by GAC Group, according to a local media ou...
June 02 , 2021
- BAIC BJEV’s Jan.-Apr. sales tumble 56.43% year on year
BAIC BJEV, the electric vehicle (EV) unit of BAIC Group, sold 1,028 new vehicles in April 2021, posting a year-on-year surge of 75.4%.
May 17 , 2021
- Huawei teams up with BAIC BJEV, Changan, GAC to co-launch self-driving car brands
Huawei will invest over $1 billion this year in the research and development of smart cars’ components, Xu Zhijun, the rotating chairman of the telecom titan, told analysts in Shenzhen on Monday.
Apr. 13 , 2021