- Foton Motor to issue 1.429 billion shares to controlling shareholder BAIC Group
Chinese commercial vehicle maker Beiqi Foton Motor Co., Ltd. on April 2 issued a pre-plan for a non-public issuance of A shares, which is aimed at its controlling shareholder, BAIC Group, at a price o...
Apr. 06 , 2022
- Beijing Hyundai secures $942.2 million capital increase from two parent firms
BAIC Investment and Hyundai Motor have entered into an agreement to jointly inject capital of around $942.2 million in their joint venture Beijing Hyundai, according to an announcement issued on March...
Mar. 21 , 2022
- Trunk.Tech completes Series B financing round led by BAIC Group
China’s commercial vehicle autonomous driving developer, Trunk.Tech has completed its Series B financing round led by BAIC Capital, the venture capital of BAIC Group.
Feb. 16 , 2022
- BAIC BluePark forecasts annual net loss of up to 5.3 billion yuan in 2021
BAIC BluePark New Energy Technology Co.,Ltd. (called “BAIC BluePark” for short), the parent of Chinese NEV maker BAIC BJEV, claimed on Jan. 29 it is likely to record a net loss of 4.8 billion yuan...
Jan. 29 , 2022
- Former BAIC BJEV’s senior exec named as vice president of Xiaomi’s auto unit
Xiaomi Corporation has named Yu Liguo, former senior executive of BAIC BJEV, as Vice President of Xiaomi Automobile Co.,Ltd. and a political commissar of Xiaomi auto unit's Beijing headquarters.
Jan. 17 , 2022
- BAIC BJEV Dec. sales increase threefold YoY
BAIC Bluepark, the holding company of BAIC BJEV, saw its December sales volume quadrupling from a year ago, according to its sales performance report.
Jan. 10 , 2022
- BAIC ARCFOX, Baidu jointly-developed Robotaxi starts mass-production
BAIC Bluepark, the holding company of the premium EV brand, ARCFOX, stated that the company’s co-developed Robotaxi with Baidu’s Apollo has completed technical development and started mass-product...
Dec. 14 , 2021
- BAIC confirms not to further stake in Daimler
Daimler AG and China’s major automaker BAIC Group reemphasized their long-term partnership today, along with their cross-shareholding details.
Dec. 13 , 2021
