Search Results for "BAIC"

BJEV approved to invest in project of BAIC-Magna manufacturing JV
BJEV approved to invest in project of BAIC-Magna manufacturing JV

New progress was recently made in the project of the manufacturing joint venture between China’s state-owned automaker BAIC and the leading global automotive supplier Magna.

Dec. 19 , 2019
BAIC BJEV’s Jan.-Nov. auto sales dip 11.2% year on year
BAIC BJEV’s Jan.-Nov. auto sales dip 11.2% year on year

As of November, 2019, BAIC Group’s NEV unit BJEV had posted sales downturn for the third month in a row, which led to a higher decrease in its year-to-date sales.

Dec. 10 , 2019
BAIC Motor, Daimler once again inject capital to finance leasing subsidiary due to growing risk assets
BAIC Motor, Daimler once again inject capital to finance leasing subsidiary due to growing risk assets

On December 5, BAIC Motor entered into an agreement with Daimler Greater China Ltd. (DGRC) to contribute an aggregate amount of RMB500 million to Mercedes-Benz Leasing Co., Ltd. (MBLC).

Dec. 6 , 2019
BAIC BJEV reaches only half of 2019 sales target after 10 months pass
BAIC BJEV reaches only half of 2019 sales target after 10 months pass

Beijing-based new energy vehicle (NEV) maker BAIC BJEV saw its vehicle sales in October plunge 69.2% from a year ago to 8,601 units, its parent company BAIC BluePark New Energy Technology Co.,Ltd announced.

Nov. 11 , 2019
BAIC BluePark sees Q1-Q3 revenue grow 78.64%, but net profit plunges
BAIC BluePark sees Q1-Q3 revenue grow 78.64%, but net profit plunges

BAIC BluePark New Energy Technology Co., Ltd announced its net loss attributable to the listed company's shareholders for the first three quarters totaled RMB270 million ($38.3 million).

Nov. 1 , 2019
BAIC Group, JD.com to cooperate in various fields like mobility service, IoV
BAIC Group, JD.com to cooperate in various fields like mobility service, IoV

BAIC Group and JD.com inked on October 21 entered into a new framework agreement for the strategic cooperation on automobile- and mobility service-related scenarios.

Oct. 22 , 2019