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  BAIC New Energy: EU7 and BEIJING brands will be listed at the same time

  According to the official website of BAIC New Energy, the new brand BEIJING of BAIC will be officially launched on October 15. The official release of the BEIJING brand means the formal integration of BAIC New Energy and BAIC Saab brand. At present, the LOGO used by Beijing Automobile has evolved from the word "north", and has been jokingly called "pig nose" by netizens, which is somewhat inconsistent with the positioning of automotive products. BAIC has also considered whether to replace the LOGO many times. Earlier this year, it was reported that BAIC would abolish the existing car logo LOGO and launch a new logo design from the BAIC new energy E released earlier by the Ministry of Industry and Information Technology.

  BAIC New Energy BEIJING Brand BAIC EU7 2019-09-21
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  The reason for the collapse of BAIC's new energy sales has been found.

  BAIC New Energy, which once won the first place in the field of pure electric vehicles, has suffered a slump in sales and a loss in performance. What has happened to this car company? The answer can be found out by Liu Yu, general manager of BAIC Blue Valley, in an interview with the media. The new energy vehicle market, which has been declining for 12 months, finally ushered in an increase in sales in July this year, and the new energy business of a number of car companies temporarily ended the state of "falling". However, as once the largest domestic new energy vehicle sales company, BAIC New Energy continues to plummet. BAIC New Energy sold only 2009 vehicles in July, according to the BAIC Blue Valley report on August 12.

  BAIC new energy 2020-08-31
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  Sales skyrocketed but could not escape losses, BAIC Langu "big" blood transfusion

  A few days ago, BAIC Blue Valley issued an announcement saying that BAIC Blue Valley New Energy Technology Co., Ltd. (hereinafter referred to as "BAIC Blue Valley") and its subsidiary Beijing Blue Valley Jihu Automotive Technology Co., Ltd. (hereinafter referred to as "BAIC Jihu") respectively increase capital to Beijing New Energy Automobile Co., Ltd. (hereinafter referred to as "BAIC New Energy") according to their shareholding ratio.

  New energy sales companies funds brands cars fees Huawei growth losses markets limited equity announcements aspects 2023-01-03
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  Sales plummeted 84%. What happened to BAIC New Energy?

  The new energy vehicle market, which has been declining for 12 months, finally ushered in an increase in sales in July this year, and the new energy business of a number of car companies temporarily ended the state of "falling". However, as once the largest domestic new energy vehicle sales company, BAIC New Energy continues to plummet. BAIC New Energy sold only 2009 vehicles in July, down 84% from a year earlier, while sales from January to July totaled 16709 vehicles, down 78.5% from a year earlier, according to the BAIC Blue Valley report on Aug. 12. Obviously, BAIC New Energy failed the market performance in 2020, falling far more than the entire new energy industry. According to the China Automobile Association.

  BAIC new energy 2020-08-12
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  Sales plummeted the chairman resigned, and employees exposed BAIC New Energy layoffs and pay cuts.

  In 2020, when the new energy vehicle market broke out, BAIC New Energy, which once won the championship in pure electric vehicle sales for seven years in a row, has experienced a precipice decline. Entering 2021, BAIC New Energy also seems to be under a lot of pressure. After the chairman of the company announced his resignation, it was revealed that he planned to lay off staff. BAIC New Energy is planning to launch a round of layoffs, accounting for 20 per cent, ahead of the traditional Lunar New year, according to several media reports. It has been revealed that the "layoff list" has been clearly issued, and many employees have begun to send resumes to look for a new next job, and even some senior executives have not been spared, one in BAIC.

  BAIC new energy 2021-01-29
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  BAIC New Energy sales rose 77.8% in July, and it is still very difficult to meet the annual sales target of 220000.

  At the beginning of this year, BAIC New Energy initially set an annual sales target of 220000 vehicles, but by the end of July, BAIC New Energy had achieved only 35 per cent of its sales target. According to the announcement on BAIC's Langu website, BAIC's new energy subsidiary sold 12509 vehicles in July, up 78% from January to July to 77668 vehicles, up 28% from a year earlier. According to the data released by the Federation of passengers, the sales of new energy narrow passenger vehicles in July this year were 67000, down 3.8% from January to July compared with the same period last year, an increase of 54.9% over the same period last year.

  Sales new energy BAIC new energy BAIC 2019-08-12
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  Sales continue to plummet, BAIC new energy personnel changes again

  According to media reports, Wang Qiufeng, former general manager of Tencent Automobile, has officially joined BAIC New Energy as vice president of ARCFOX BU, responsible for the brand marketing. After joining BAIC New Energy, Wang Qiufeng will take charge of ARCFOX brand marketing and report directly to Yu Liguo, president of ARCFOX BU. This is another personnel change within BAIC New Energy since Liu Yu, former executive deputy general manager of Beijing Hyundai, took office as general manager of BAIC New Energy on July 24. Data show that Wang Qiufeng graduated from Beijing University of Technology, entered the Economic Observer in 2004 and joined the first in September 2010.

  BAIC new energy 2020-10-21
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  BAIC's net profit plunged 2815% in the first half of the year.

  On the evening of August 27, BAIC Blue Valley released its results for the first half of 2020. According to the financial report, BAIC Langu achieved operating income of 3.112 billion yuan in the first half of the year, down 68.94% from the same period last year. The net loss attributed to shareholders of listed companies was 1.863 billion yuan, a year-on-year drop of 2,814.98 percent. As for the reason why net profit changed from profit to loss, BAIC Blue Valley said that affected by the COVID-19 epidemic, BAIC's new energy sales fell sharply, resulting in a sharp drop in revenue and net profit. It said that in the first half of 2020, affected by the global COVID-19 epidemic and other force majeure factors, the new energy vehicle market showed a large decline, according to.

  BAIC new energy 2020-08-28
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  Sales fell off the cliff, BAIC New Energy lost 2.9 billion

  BAIC new energy sales and performance fell off a cliff, although the overall car market and new energy vehicle market are clearly recovering, but BAIC new energy life is not easy. A few days ago, BAIC Blue Valley New Energy released a report for the third quarter of 2020, saying that the company's revenue in the first three quarters was 3.922 billion yuan, down 78.16 percent from a year earlier, and its net profit loss reached 2.884 billion yuan, compared with a loss of 313 million yuan in the same period last year. In the net profit after deducting non-operating profit and loss, BAIC Langu's net loss is as high as 3.1 billion yuan. The substantial loss in performance is mainly due to the decline in sales. According to the report, BAIC New Energy sold 2245 vehicles in September.

  BAIC new energy 2020-10-30
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  The goal is only 40% complete! BAIC Blue Valley sales announcement

  New energy vehicles have experienced explosive growth, while BAIC New Energy, which is standing in the setting sun, seems a little lonely. According to KuaiBao, BAIC's latest sales volume, BAIC New Energy (including BEIJING/ARCFOX) sold 6052 vehicles in November 2022, an increase of 144.92% over the same period last year. 2022

  New Energy Market sales cars Brands goals companies Development growth users Alpha Alpha New shares Group 2022-12-03
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  BAIC's new energy sales continued to plummet in August

  BAIC new energy vehicle sales continue to plummet. Even if China's new energy vehicle market recovers and grows in August, the former new energy giant has frequently encountered the embarrassing plight of a huge decline. According to the latest BAIC Blue Valley report, BAIC New Energy sold 2132 new cars in August, down 80 per cent from a year earlier to 18841 vehicles from January to August, down 78.68 per cent from a year earlier. BAIC New Energy, which has fallen by as much as 80%, has been completely out of touch with the overall market. According to the latest data from the Federation of passengers, China's new energy narrow passenger car sales in August were 93000, an increase of 12.3% over the previous month and 46.3% over the same period last year.

  BAIC new energy 2020-09-09
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  The term of office is less than half a year, BAIC Langu announced a change of leader.

  On January 26, BAIC Blue Valley New Energy Technology Co., Ltd. (hereinafter referred to as "BAIC Blue Valley") issued a notice that the board of directors recently received a "resignation letter" submitted by Jiang Deyi. He submitted to the board of directors his resignation as chairman, director, chairman and member of the strategy committee of the ninth board of directors of the company due to work reasons. After his resignation, Mr. Jiang Deyi will no longer hold any position in the company. It is worth mentioning that Jiang Deyi's term of office is less than half a year. In August 2020, Xu Heyi no longer served as secretary and chairman of BAIC Group because of his age, and Jiang Deyi, former chairman of Beijing Jinyu Group Co., Ltd., took over the post. According to the heavenly eye.

  BAIC new energy 2021-01-26
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  With a further loss of 900 million yuan, BAIC Blue Valley achieved its sales target of 9%.

  On the evening of April 27th, BAIC Langu released its first-quarter results, showing that BAIC Langu achieved operating income of 1.731 billion yuan in the first quarter of 2022, an increase of 108.42% over the same period last year. The net loss of shareholders belonging to listed companies was 957 million yuan, down 12.08% from the same period last year. In recent years, BAIC Blue Valley performance statement

  New energy brands sales markets cars growth companies new cars subsidiaries limited limited models groups Alpha Alpha 2022-04-28
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  Down 62.6% from the same period last year! Sales of BAIC's new energy after replacement continued to decline.

  On December 9, BAIC New Energy, a subsidiary of BAIC Blue Valley, released KuaiBao's production and marketing in November 2019. BAIC New Energy sold 7005 vehicles in November, compared with 18732 in the same period last year, down 62.6% from a year earlier, according to the report. Cumulative sales from January to November this year were 113988, compared with 123988 in the same period last year, down 11.20% from a year earlier. In addition to BAIC New Energy, sales of BYD, another company dedicated to the development of new energy vehicles, also declined. Data show that BYD's new energy sales in November were 11220, down 62.69% from a year earlier.

  BAIC new energy 2019-12-10
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  Live on subsidies? BAIC New Energy receives another 500 million financial subsidy

  A few days ago, BAIC Blue Valley New Energy announced that the company received 500 million new energy financial subsidies. According to accounting, BAIC New Energy has received more than 670 million yuan in industrial support funds this year. On August 31, BAIC Langu New Energy received the notice of the Finance Bureau of Beijing Economic and technological Development Zone on the allocation of industrial support funds to BAIC Langu New Energy Technology Co., Ltd., and the new energy vehicle industry support fund of RMB 500 million. The announcement said that the impact of the above government subsidies on the company's total profits in 2019 is expected to be 500 million yuan. In July September 2019, BAIC New Energy announced that it was a subsidiary.

  2019-09-02
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  The new energy market soared by 275%, but BAIC New Energy nearly halved.

  According to the data released by the Federation of passengers on February 9, domestic narrow passenger car sales in January 2021 were 2.16 million, an increase of 25.7% over the same period last year, of which 155000 were new energy narrow passenger vehicles, an increase of 274.5% over the same period last year. According to the data released by the Federation of passengers, SAIC GM Wuling, BYD, Tesla, SAIC passenger cars and Great Wall cars all increased by more than three digits, of which SAIC GM Wuling was 38496, BYD 20330 and Tesla 15484. SAIC passenger cars and Great Wall vehicles were 14398 and 10260 respectively. It's increasing.

  BAIC new energy 2021-02-10
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  BAIC New Energy vehicles recall thousands of vehicles and have received more than 1 billion subsidies from the government.

  Recently, BAIC New Energy vehicles filed a recall plan with the State Administration of Supervision and Administration, saying that a total of 1389 Weiwang 407EV series electric vans produced from June 11, 2018 to November 30, 2018 will be recalled from July 13, 2019. The reason for the recall is that Weiwang 407EV series vehicles may overheat inside the battery pack during use, and there is a safety accident that causes a fire out of control. BAIC New Energy will test the recalled vehicles and replace qualified power battery packs free of charge to eliminate safety risks. Prior to this, BAIC new energy vehicles have been exposed many times.

  Automobile New Energy recall BAIC New Energy New Energy vehicle BAIC 2019-07-14
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  BAIC's new energy sales plummeted, and high-end brands could not be saved.

  According to the Federation of passengers, the cumulative sales of new energy narrow passenger cars in the first 11 months of 2020 were 905000, down 2.9 per cent from a year earlier. Although there is a "howl" in the new energy vehicle market in the first half of the year, thanks to the favorable automobile development in the second half of the year and the implementation of the new energy vehicle policy, the sales performance of new energy vehicles in 2020 is expected to exceed 2019. In 2020, when the new energy vehicle market broke out, BAIC New Energy, which once won the top spot in pure electric vehicle sales for seven years in a row, fell off a cliff in 2020, even if it launched a high-end brand.

  BAIC new energy 2021-01-09
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  BAIC New Energy sold 106983 vehicles from January to October, and the annual sales target may be difficult to achieve.

  According to the announcement on BAIC's Langu website, BAIC's new energy subsidiary sold 8601 vehicles in October, down 69.2% from January to October, down 2.42% from January to October. According to the data released by the Federation of passengers, new energy narrow passenger car sales in October were 63000, down 46.0% from the same period last year, up 2.0% from January to October, up 16.6% from a year earlier, and the cumulative growth rate accelerated dilution. It seems that BAIC New Energy is still difficult to stop the decline in sales after the decline of new energy subsidies. In the first half of this year, BAIC is new.

  BAIC new energy 2019-11-09
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  New energy vehicles, which used to be the first in sales for seven years in a row, now lose 6.5 billion per year.

  According to the Federation of passengers, cumulative sales from January to March were 437000 vehicles, an increase of 302.9% over the same period last year. New energy vehicles have repeatedly set new highs, which means that consumers are becoming more and more receptive to new energy vehicles, but BAIC's new energy life is not easy. On the evening of April 29th, BAIC Blue Valley released its annual financial report for 2020 and the first quarter of 2021, showing that BAIC Blue Valley's operating income in 2020 was 5.272 billion yuan, down 77.65 percent from the same period last year, and a net loss of 6.482 billion yuan, compared with a net profit of 92 million yuan in the same period last year. The operating income of BAIC Blue Valley in the first quarter of 2021 was 830 million yuan.

  BAIC new energy 2021-04-30