Search Results for "BAIC"

BAIC Motor posts 14.1% growth in first-half revenue, while net profit slides
BAIC Motor posts 14.1% growth in first-half revenue, while net profit slides

BAIC Motor Corporation Limited (BAIC Motor) reported a year-on-year jump of 14.1% in the first-half revenue, while its semi-annual net profit slumped 25.9% from a year ago.

Aug. 28 , 2019
BAIC’s EV arm boasts 9.7% year-on-year growth in H1 net profit
BAIC’s EV arm boasts 9.7% year-on-year growth in H1 net profit

BAIC BluePark, the parent company of Chinese NEV maker BAIC BJEV, announced its first-half revenue zoomed up 76.63% from the previous year to RMB9.919 billion amongst a blooming rise of NEV sales in China.

Aug. 27 , 2019
BAIC BJEV to buy battery system from Bejing Pride Power for battery swapping facilities
BAIC BJEV to buy battery system from Bejing Pride Power for battery swapping facilities

BAIC Group’s NEV arm BJEV plans to purchase roughly 1,500 sets of fast-swapping lithium battery system from Beijing Pride Power System Technology Limited (Beijing Pride Power).

Aug. 19 , 2019
BAIC Group takes 5% stake in Daimler AG for cooperation step-up
BAIC Group takes 5% stake in Daimler AG for cooperation step-up

Chinese state-owned automaker Beijing Automotive Group Co.,Ltd (BAIC Group) announced on July 23 it has plowed investment in Daimler AG, a Stuttgart-based auto company who owns Mercedes-Benz, to cement their long-term strategic cooperation.

Jul. 23 , 2019
BAIC Group says H1 2019 car sales reach 1.109 million, semi-annual profit grow 4.4% YoY
BAIC Group says H1 2019 car sales reach 1.109 million, semi-annual profit grow 4.4% YoY

BAIC Group announced on July 15 via its WeChat account it vehicle sales for the first half of 2019 reached 1.109 million units, outperforming the overall auto industrial level in China by 4.6 percentage points.

Jul. 18 , 2019
BAIC BJEV posts 21.57% YoY growth in H1 2019 sales, underperforming overall market’s average
BAIC BJEV posts 21.57% YoY growth in H1 2019 sales, underperforming overall market’s average

BAIC BJEV’s vehicles sales in June reached 26,072 units, tremendously surging 438.12% from a year ago. For the first half of the year, sales of the Beijing-based EV manufacturer totaled 65,159 units, a year-on-year increase of 21.57%.

Jul. 9 , 2019