Articles Tagged with "BAIC Group"

Gasgoo Daily: Li Auto’s L9 PHEV features 1,315km range on full charge
Gasgoo Daily: Li Auto’s L9 PHEV features 1,315km range on full charge

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Mar. 23 , 2022
Beijing Hyundai sets annual sales target of 520,000 vehicles by 2025
Beijing Hyundai sets annual sales target of 520,000 vehicles by 2025

On March 23rd, Hyundai Motor Group disclosed its target to sell 520,000 vehicles annually in China by 2025 via its Chinese joint venture, Beijing Hyundai.

Mar. 23 , 2022
Beijing Hyundai secures $942.2 million capital increase from two parent firms
Beijing Hyundai secures $942.2 million capital increase from two parent firms

BAIC Investment and Hyundai Motor have entered into an agreement to jointly inject capital of around $942.2 million in their joint venture Beijing Hyundai, according to an announcement issued on March 18 by BAIC Motor, the parent of BAIC Investment.

Mar. 21 , 2022
BAIC ARCFOX, Baidu jointly-developed Robotaxi starts mass-production
BAIC ARCFOX, Baidu jointly-developed Robotaxi starts mass-production

BAIC Bluepark, the holding company of the premium EV brand, ARCFOX, stated that the company’s co-developed Robotaxi with Baidu’s Apollo has completed technical development and started mass-production.

Dec. 14 , 2021
BAIC confirms not to further stake in Daimler
BAIC confirms not to further stake in Daimler

Daimler AG and China’s major automaker BAIC Group reemphasized their long-term partnership today, along with their cross-shareholding details.

Dec. 13 , 2021
Court seizes Beijing Borgward’s RMB2.2 billion assets for creditors
Court seizes Beijing Borgward’s RMB2.2 billion assets for creditors

The commercial vehicle subsidiary of BAIC Group, Foton, announced that its subsidiary Beijing Borgward received a court-ordered seizure for its RMB2.2 billion worth of assets, petitioned by creditors.

Dec. 10 , 2021