- 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
- BEIJING, Xiaoju Auto Solutions join hands to enrich car rental services
BEIJING recently formed a strategic partnership with Xiaoju Auto Solutions, a DiDi-backed one-stop auto solution platform, to diversify car rental services targeting scenarios like private cars, gover...
July 07 , 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
- 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
