BAIC
BAIC's EV unit cuts production capacity from 320,000 to 120,000 units
BAIC's EV arm BJEV has reduced its production capacity by 62.5 percent by reducing the number of production sites from three to one.
BAIC BluePark shares plunge as orders for joint model with Huawei appear to disappoint investors
The Stelato S9 -- the first model jointly built by Huawei and BAIC BluePark -- has received more than 2,500 firm orders in the first 24 hours of its launch.
Huawei, BAIC joint brand Stelato launches S9 to target premium electric sedan market
The Stelato S9 starts at RMB 399,800 ($55,910), has a CLTC range of up to 816 km, and comes with Huawei's latest ADS 3.0 driver assistance system.
Huawei-BAIC joint brand Stelato to launch 1st model S9 sedan on Aug 6
The Stelato S9 is expected to be priced from RMB 450,000 ($61,990) to RMB 550,000.
CATL, BAIC form partnership on skateboard chassis and battery swap
In the field of battery swap, CATL and BAIC will cooperate in areas including development of battery swap models with battery blocks, distribution of battery blocks, and battery data management.
CATL starts construction of production base in Beijing to supply Xiaomi, BAIC, Li Auto
The production base, when completed, will supply battery products to carmaker customers in Beijing, Tianjin and Hebei, including BAIC, Xiaomi and Li Auto, CATL said.
CATL, BAIC sign deal to jointly develop battery products
CATL will participate in the vehicle development and production of BAIC-affiliated NEV companies, and provide power battery products and services.
BAIC BluePark plans to raise up to $1.2 billion via new share offering
BAIC BluePark said in an earnings preview on Thursday that it expects a net loss of RMB 1.8 billion to RMB 2.2 billion for the first half of the year.
BAIC sells 3,597 NEVs in June, up 58% from May
From January to June, BJEV sold 17,010 units, up 144.43 percent from 6,959 units in the same period last year.
BAIC sells 2,276 NEVs in May, up 13% from April
From January to May, BJEV sales were 13,413 units, just slightly higher than Li Auto's sales in one month.
