Search Results for "BAIC"

BAIC BluePark intends to raise up to 5.5 billion yuan for development of ARCFOX premium models
BAIC BluePark intends to raise up to 5.5 billion yuan for development of ARCFOX premium models

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 , 2020
BAIC Group, State Grid EV step up cooperation in battery swapping, charging businesses
BAIC Group, State Grid EV step up cooperation in battery swapping, charging businesses

BAIC 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 , 2020
Faurecia partners with BAIC in China for Seating business
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.

Jul. 24 , 2020
BAIC BluePark’s net profit jumps 25.54% year on year in 2019
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 the annual net profit jumped 25.54% year on year.

Apr. 21 , 2020
BAIC Motor reports profit of RMB4.083 billion, down by 7.8%
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 share dropped 9.1% to RMB0.5.

Mar. 31 , 2020
BAIC BJEV’s sales slump continues in Februay
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. 9 , 2020