Articles Tagged with "BAIC Group"

Suning, BAIC Group talk on possible EV, mobility cooperation
Suning, BAIC Group talk on possible EV, mobility cooperation

On June 17, Zhang Jindong, Suning Holdings Group’s chairman, and BAIC Group’s chairman Xu Heyi discussed about the development landscape of EV industry in China during Xu’s visit to Nanjing.

Jun. 20 , 2018
Geely, BAIC Group jointly deny merger discussion
Geely, BAIC Group jointly deny merger discussion

Geely Auto and BAIC Group jointly issued a statement on May 15 denying the report about a merger talk between them, saying such report is groundless and untrue. Besides, two companies also emphasized the priority to beef up independent innovation.

May 16 , 2018
Didi, BAIC Group sign strategic agreement to promote carsharing operation
Didi, BAIC Group sign strategic agreement to promote carsharing operation

On March 7th, Didi, a China’s ride-hailing giant, announced that it signs a strategic cooperation agreement with the state-owned automaker BAIC Group to jointly extend businesses in NEV and carsharing areas.

Mar. 8 , 2018
Yunhai Special Metals Co., Ltd. co-develops magnalium parts with BAIC Group
Yunhai Special Metals Co., Ltd. co-develops magnalium parts with BAIC Group

Nanjing Yunhai Special Metals Co., Ltd. recently signed a strategic cooperation agreement with BAIC Group

Oct. 12 , 2017
Profit of BAIC Group Slumps 59% in the first half of year
Profit of BAIC Group Slumps 59% in the first half of year

BAIC released its 2017 semi-annual performance report showing that the net profit decreases nearly 60% year-on-year in the first half of year, influenced by the RMB 3.3b deficit of Beijing brands and halving sales volume for Beijing Hyundai.

Sep. 1 , 2017
BAIC Group Builds Global Travel Service Platform
BAIC Group Builds Global Travel Service Platform

On April 8th, BAIC Group officially unveiled the launch of Huaxia Travel Co., Ltd. On the ceremony, Xue Heyi, Chairman of BAIC Group, said that Huaxia Travel will be a global travel service platform with hundreds of billions of investment.

Apr. 10 , 2017