BAIC BluePark posts 65.85% YoY surge in H1 2023 revenue

Beijing (Gasgoo)- On August 31, BAIC BluePark, the holding company of BAIC BJEV, unveiled its financial performance for the first half of 2023, with a remarkable 65.85% year-on-year revenue surge, reaching 5.77 billion yuan. 

αS HI; photo credit: ARCFOX

Furthermore, the company’s total sales for the first half of the year soared to 35,191 units, indicating a nearly 107% increase from the previous year.

Underpinned by a well-defined growth strategy, BAIC BluePark continued its structural adjustments, tirelessly striving to enhance its core competitiveness. Throughout the first half of 2023, the company made significant strides in bolstering its independent R&D capabilities, solidifying its expertise in complete vehicle integration, three-electric systems, and intelligent technologies.

In the year 2023, the company’s premium new energy vehicle brand ARCFOX successfully launched and kicked off pre-sale of the KAOLA child-care vehicle, as well as introduced the αS and αT Forest versions. These unveilings showcased ARCFOX's exceptional insight into user demands and scenario development.

Beyond product and technological advancements, BAIC BluePark is actively expanding its electric charging network to provide efficient services to its users. By June 30, 2023, ARCFOX's self-operated superfast charging stations totaled 29, spanning four provinces and four cities. These stations are open to users of all electric vehicle brands, facilitating the sharing of high-quality charging resources. Additionally, more than 540,000 premium public charging piles across over 330 cities are accessible through the ARCFOX app, ensuring a hassle-free charging experience for users nationwide.