Search Results for "BAIC Group"

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
Trunk.Tech completes Series B financing round led by BAIC Group
Trunk.Tech completes Series B financing round led by BAIC Group

China’s commercial vehicle autonomous driving developer, Trunk.Tech has completed its Series B financing round led by BAIC Capital, the venture capital of BAIC Group.

Feb. 16 , 2022
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
BAIC Group, State Grid EV step up cooperation in battery swapping, charging businesses
BAIC Group, State Grid EV step up cooperation in battery swapping, charging businesses

BAIC Group and State Grid Electric Vehicle Service Co., Ltd. (called “State Grid EV” for short) signed a framework agreement on July 27 to cement their strategic cooperation in order to promote the development of NEV industry.

Jul. 28 , 2020
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