Search Results for "BAIC"

BAIC chairman suggests stepping efforts on development of EV charging infrastructure
BAIC chairman suggests stepping efforts on development of EV charging infrastructure

Xu Heyi, secretary of party committee and chairman of BAIC Groupmade proposals during the two sessions (the NPC and CPPCC) that China should attach greater importance to improving NEV infrastructure.

Mar. 5 , 2018
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
DNRC permits Daimler to acquire stake in BAIC BJEV
DNRC permits Daimler to acquire stake in BAIC BJEV

The NDRC released a reply on Feb. 7, permitting Daimler Greater China Ltd. to acquire a certain stake of BAIC BJEV, which was possessed by Shenzhen Jinggangshan New Energy Investment Management Co., Ltd.

Feb. 8 , 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