Search Results for "BAIC"

BAIC BJEV sets up new company to expand production of electric powertrains
BAIC BJEV sets up new company to expand production of electric powertrains

BIAC BJEV plans to establish a subsidiary dubbed Blue Valley Power Company at its existing production base in Caiyu, Beijing, according to Beijing Municipal Environmental Protection Bureau.

Feb. 28 , 2018
BAIC, Daimler invest RMB 11.9 billion for production expansion
BAIC, Daimler invest RMB 11.9 billion for production expansion

BAIC and Daimler plans to invest over RMB 11.9 billion (about 1.5 million euros) to expand the local production scale of Mercedes-Benz passenger vehicles and meet the demands of the largest auto market in the world.

Feb. 26 , 2018
BAIC BJEV vice general manager becomes president of EV startup Hozon Auto
BAIC BJEV vice general manager becomes president of EV startup Hozon Auto

After the Spring Festival, former vice general manager of BAIC BJEV Zhang Yong has officially joined Zhejiang Hozon New Energy Automobile Co., Ltd (Hozon Auto) as president, taking charge of the production and operation business of the new company.

Feb. 24 , 2018
BAIC MOTOR BJ brand aims to sell 40,000 off-roaders in 2018
BAIC MOTOR BJ brand aims to sell 40,000 off-roaders in 2018

According to Xu Heyi, chairman of BAIC Group, BAIC MOTOR aims to sell 40,000 BJ off-roaders in 2018 and plans to launch 5 new models under BJ brand.

Jan. 25 , 2018
BAIC BJEV achieves back-door listing with valuation of RMB 28.8 billion
BAIC BJEV achieves back-door listing with valuation of RMB 28.8 billion

Chengdu Chiffo Electronic Co., Ltd (Chiffo) plans to acquire whole stake of BAIC BJEV from its 36 shareholders including BAIC Group with a total of RMB 28.85 billion.

Jan. 24 , 2018
BAIC aims to sell 3 million vehicles in 2018
BAIC aims to sell 3 million vehicles in 2018

In 2017, BAIC Group posted a total operating revenue of RMB 470.34 billion, increasing 15.8 percent from a year earlier, according to the announcement of BAIC. The state-owned automaker aims to push up the sales to 3 million units in 2018.

Jan. 22 , 2018