Search Results for "BAIC"

BAIC Group, DiDi expand cooperation to high-level autonomous car R&D
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 post on BAIC’s WeChat account.

Jun. 22 , 2020
BAIC’s EV unit attempts to raise money by issuing up to 3 billion yuan corporate bonds
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 Energy Technology Co.,Ltd.

Jun. 19 , 2020
BAIC Group to acquire 21.26% stake in car rental service provider CAR Inc.
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 than 450,790,855 shares from UCAR.

Jun. 1 , 2020
BAIC BJEV sees sales tumble 55.54% in Jan. 2020
BAIC BJEV sees sales tumble 55.54% in Jan. 2020

BAIC BJEV, the NEV unit of BAIC Group, sold 2,006 new vehicles in the first month of 2020, a year-on-year plunge of 55.54%, according to a statement from its parent company BAIC BluePark New Energy Technology Co.,Ltd.

Feb. 11 , 2020
BAIC BJEV launches 2029 Plan
BAIC BJEV launches 2029 Plan

On January 15, BAIC Group’s NEV unit BJEV released a new roadmap, dubbed “2029 Plan”, drawing the blueprint for the next decade.

Jan. 16 , 2020
BAIC BJEV wins sales title in BEV market for seven years in a row
BAIC BJEV wins sales title in BEV market for seven years in a row

BAIC Group's NEV unit BJEV announced its 2019 annual sales of 150,601 units, crowned the best seller of battery-only electric vehicles in China for seven consecutive years.

Jan. 10 , 2020