Articles Tagged with "BAIC Group"

BAIC Group announces EV-related patent authorized by European Patent Office
BAIC Group announces EV-related patent authorized by European Patent Office

BAIC Group announced via its WeChat account that its patent named "an estimation method for electric vehicle (EV)'s remaining range, and relevant system" has sailed through the substantive examination and been authorized by the European Patent Office

Oct. 14 , 2022
BAIC Group set to eliminate product carbon emission by 2050
BAIC Group set to eliminate product carbon emission by 2050

BAIC Group announced its carbon neutrality plan, BLUE, which aims to fully implement new energy and intelligent products, achieving carbon neutrality by 2050, at an online launch event on June 15th.

Jun. 15 , 2022
Foton Motor to issue 1.429 billion shares to controlling shareholder BAIC Group
Foton Motor to issue 1.429 billion shares to controlling shareholder BAIC Group

Chinese commercial vehicle maker Beiqi Foton Motor Co., Ltd. on April 2 issued a pre-plan for a non-public issuance of A shares, which is aimed at its controlling shareholder, BAIC Group, at a price of 2.1 yuan ($0.33) per share.

Apr. 6 , 2022
BAIC Group, subsidiaries given 50 billion yuan worth of credit line from China Development Bank
BAIC Group, subsidiaries given 50 billion yuan worth of credit line from China Development Bank

On July 21, BAIC Group and China Development Bank’s Beijing branch entered into a strategic cooperation agreement under which the latter will grant a credit line worth 50 billion yuan ($7.722 billion).

Jul. 21 , 2021
BAIC Group’s registered capital grows 16.49%
BAIC Group’s registered capital grows 16.49%

BAIC Group’s registered capital was up by 16.49% to 19.957 billion yuan ($3.05 billion), effective Dec. 23, 2020, according to the corporate data platform Tianyancha.

Dec. 24 , 2020
BAIC Group eyes volume production of L4 autonomous driving products by 2025
BAIC Group eyes volume production of L4 autonomous driving products by 2025

China’s state-owned BAIC Group will strive to realize the volume production of Level 4 autonomous driving products and ripen the development of Level 5 technologies, Jiang Deyi, chairman of BAIC Group, said at the 2020 WICV.

Nov. 13 , 2020
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