Search Results for "BAIC"
BAIC BluePark intends to raise not more than 5.5 billion yuan ($787,841,450) through a non-public issuance of stocks, some of which are set to be poured in the development of ARCFOX-branded premium vehicle models and relevant network construction.
Aug. 5 , 2020BAIC Group and State Grid Electric Vehicle Service Co., Ltd. (called “State Grid EV” for short) signed a framework agreement on July 27 to cement their strategic cooperation in order to promote the development of NEV industry.
Jul. 28 , 2020Faurecia, 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.
Jul. 24 , 2020BAIC 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 the annual net profit jumped 25.54% year on year.
Apr. 21 , 2020BAIC 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 share dropped 9.1% to RMB0.5.
Mar. 31 , 2020BAIC 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%.
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