Search Results for "BAIC"

Foton Motor to issue 1.429 billion shares to controlling shareholder BAIC Group
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 of 2.1 yuan ($0.33) per share.

Apr. 6 , 2022
Trunk.Tech completes Series B financing round led by BAIC Group
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 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 to 5.3 billion yuan in 2021.

Jan. 29 , 2022
BAIC confirms not to further stake in Daimler
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
BAIC BJEV to equip new ARCFOX-branded models with third-generation solid-state battery
BAIC BJEV to equip new ARCFOX-branded models with third-generation solid-state battery

BAIC BluePark, the parent of BAIC Group’s NEV unit BAIC BJEV, plans to equip new models under the premium EV brand ARCFOX with its third-generation solid-state battery technology, which is in the process of being planned.

Dec. 13 , 2021
BAIC BJEV Nov. sales remain flat MoM
BAIC BJEV Nov. sales remain flat MoM

BAIC Bluepark, the holding company of BAIC BJEV, saw a year-on-year increase in its November sales while production remained low.

Dec. 8 , 2021