Search Results for "BAIC"

BAIC Group, China Post ally on ecosystem of Mobility-as-a-Service
BAIC Group, China Post ally on ecosystem of Mobility-as-a-Service

BAIC Group signed a strategic cooperation framework agreement with China Post, a Chinese state-owned postal business operator, to make joint efforts to develop an ecosystem of Mobility-as-a-Service (MaaS) in the future.

Jul. 9 , 2019
BAIC BJEV sees new car sales in May plunge 49.68% over a year ago
BAIC BJEV sees new car sales in May plunge 49.68% over a year ago

Beijing-based new energy vehicle (NEV) maker BAIC BJEV saw its vehicle sales in May plunge 49.68% from a year ago to 9,009 units, its parent company BAIC BluePark New Energy Technology Co.,Ltd announced on June 6.

Jun. 11 , 2019
BAIC BJEV receives RMB1,155.37 million worth of state’s NEV settlement subsidy
BAIC BJEV receives RMB1,155.37 million worth of state’s NEV settlement subsidy

BAIC BJEV has received a fund worth RMB24.93 million from a Beijing authority as part of central government’s efforts to liquidate the NEV subsidy that should be allocated to automakers based on the EV number they submitted to government in 2016.

May 31 , 2019
BAIC Motor gains 17.45% year on year growth in Q1 operating income
BAIC Motor gains 17.45% year on year growth in Q1 operating income

BAIC Motor Corporation Limited (BAIC Motor) said on April 30 that its operating income for the first quarter totaled RMB46.752 billion, growing 17.45% compared with RMB39.806 billion a year earlier.

May 7 , 2019
BAIC BJEV’s parent company gains 161.21% year-on-year jump in 2018 net profit
BAIC BJEV’s parent company gains 161.21% year-on-year jump in 2018 net profit

BAIC BluePark New Energy Technology Co.,Ltd announced that its full-year revenue in 2018 reached RMB16.438 bln, leaping 43.02% over a year ago, and the annual net profit attributable to shareholders skyrocketed 161.21% year on year to RMB155.16 mln.

Apr. 23 , 2019
BAIC Group gains 3.7% year-on-year growth in Q1 sales
BAIC Group gains 3.7% year-on-year growth in Q1 sales

China’s stated-owned automaker BAIC Group announced that its revenue in the first quarter of the year reached RMB123.68 billion with a year-on-year increase of 11.6% and its quarterly profit rose 13.6%, outpacing the revenue growth.

Apr. 18 , 2019