Articles Tagged with "BAIC Group"

BAIC Group, CATL, Xiaomi EV to co-build battery cell factory
BAIC Group, CATL, Xiaomi EV to co-build battery cell factory

Three subsidiaries of BAIC Group will join forces to establish a platform company, collaborating with CATL and Xiaomi to build a battery cell factory.

Mar. 13 , 2024
BAIC Group, Bosch, SinoHytec co-build CAVAN new energy commercial vehicle brand
BAIC Group, Bosch, SinoHytec co-build CAVAN new energy commercial vehicle brand

New energy commercial vehicle brand CAVAN was officially launched through a collaboration between Foton Motor, Bosch's investment arm Bosch Venture Capital, Boyuan Capital, SinoHytec, and BAIC Capital.

Jan. 29 , 2024
BAIC Group achieves 17.6% YoY jump in 2023 annual auto sales
BAIC Group achieves 17.6% YoY jump in 2023 annual auto sales

The Beijing-based major automaker BAIC Group recently unveiled its operating performance for the year 2023, reporting a remarkable annual vehicle sales figure exceeding 1.708 million units, marking a 17.6% year-on-year growth.

Jan. 16 , 2024
BAIC Group boasts 9.3% YoY growth in Q1-Q3 2023 revenue
BAIC Group boasts 9.3% YoY growth in Q1-Q3 2023 revenue

Beijing-based automaker BAIC Group recently released its official financial results for the first three quarters of 2023, which showcased a robust performance with significant growth in both auto production and sales.

Oct. 16 , 2023
BAIC Group’s affiliated company becomes shareholder of Yihang Intelligence
BAIC Group’s affiliated company becomes shareholder of Yihang Intelligence

Beijing Yihang Yuanzhi Technology Co., Ltd., the corporate entity of Yihang Intelligence, a developer of autonomous driving systems, recently witnessed a significant change in its shareholder structure.

Jul. 24 , 2023
BAIC Group plans to pour at least 50 billion yuan in R&D over next five years
BAIC Group plans to pour at least 50 billion yuan in R&D over next five years

BAIC Group's deputy General Manager, Gong Yueqiong, revealed that in the next five years, BAIC Group will invest at least 50 billion yuan in R&D of the technologies related to intelligent new energy vehicles.

Apr. 28 , 2023