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  Baiteng issued an independent operation announcement, saying that "FAW's excessive intervention" was groundless.

  A few days ago, some media reported that Bi Fukang, the former Baiteng CEO, first exposed the reasons for leaving the company, saying that it had imposed excessive "control" after investing in the company because of excessive intervention by FAW Group. With regard to the news reported by the media, Baitang officially released today the "explanation on the recent foreign media reports on the independent operation of Baitang", which said that FAW respected the internal corporate governance of Baiteng and fully supported its independent operation. Relevant foreign media reports mentioned that "FAW Group pays homage to each other."

  Baiteng issued the announcement of independent operation right. 2019-09-25
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  Another company stopped work and production, and the independent car company Baiteng announced that all the staff were waiting for duty.

  The internal email of Baiteng Automobile informs all employees in China that the company will stop work and production from July 1, all employees will be waiting for duty, and the company will no longer arrange work.

  Baiteng shutdown 2020-06-30
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  Employees ask for wages and protect their rights, and owe hundreds of millions of dollars! It is difficult for domestic brand Baiteng to survive.

  According to media reports, Baiteng Motor has owed nearly four months' salary to its employees, including the level of director, involving nearly 1,000 people. Baiteng has not given a positive account so far, and there are no follow-up arrangements. It is said that Baiteng employees are planning to collectively protect their rights and ask for wages.

  Baiteng employees protect their rights 2020-06-22
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  The arrears of wages were exposed by employees for many months, and Baiteng Motor admitted the financial problem.

  Baiteng Motor responded that management and shareholders are actively responding to it and strive for a proper solution as soon as possible. As for the company's financial problems, Baiteng revealed that the company is still in the stage of round C financing, and the financing plan has also been delayed due to the impact of the epidemic.

  Baiteng car 2020-06-23
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  Baiteng internal file exposure! Work will continue to be suspended for half a year, and all mainland employees in China will be waiting for duty.

  Independent car company Baiteng Motor has suffered a "shutdown" since the middle of this year due to financial and operational problems, and after a six-month shutdown, the company again issued a notice that it will extend the shutdown until June 2021 because it does not have the conditions to resume work and production.

  Baiteng 2021-01-04
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  Another new car-building power has no money! More than 80 employees gathered to protect their rights and ask for salary.

  After Boxun Automobile and Sailin Automobile, Baiteng Automobile employees have also embarked on the road of protecting their rights and asking for wages. On June 29th, Baiteng CEO Dai Lei announced that Baiteng Motor would suspend its operations in mainland China and said it would properly handle employees' salaries and keep only a small number of employees on duty. At that time, the head of the HR of Baiteng Motor China said that the operation of Baiteng China is expected to stop production for six months, and will be notified later according to the specific situation. However, after the dignified announcement of the suspension of its operations in China, Baiteng was also caught up in a dispute over the protection of rights and wages. According to media reports, about 80 Baiteng employees gathered to protect their rights, demanding that the company pay unpaid wages, and.

  Baiteng car 2020-08-12
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  Bi Fukang Weibo responded to the Baiteng dispute and thanked FAW for its support.

  A few days ago, according to the US technology media "The Verge", Bi Fukang, the current CEO of FF and the former chairman of Baiteng, revealed the "underlying reason" for resigning as chairman of FF at a media event held at the headquarters of FF in Los Angeles: FAW of China intervened too much as an investor in Baiteng. According to media reports at the time, Bi Fukang said he felt that FAW was driving Baitang to shut down completely, so that it could retain its factory in Nanjing and Baiteng's electric car technology. Bi Fukang also said that all expenses of Baiteng had to be approved by FAW, so many of Baiteng's engineer team left the company. One.

  Bi Fukang responded to the Baiteng dispute on Weibo thanking FAW for its support 2019-09-26
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  The car company also has a "cash crunch", with comments saying that it may be declared out.

  According to ChinaCare.com, citing Baiteng's former employees, the Baiteng auto factory was suspected of being cut off by the relevant parties due to arrears, and a large number of employees also left and lost. A netizen who identified himself as a Baiteng employee said, "in principle, our play is over and we are no longer needed. We have given everyone a long holiday. There is nothing to say." ChinaCare.com commented: "if the news is true, does it mean that Baiteng Motor has basically been declared out." Baiteng Automobile "money shortage" aggravates according to Tianyan, Baiteng is a new energy vehicle brand owned by Nanjing Zhixing New Energy Technology Development Co., Ltd. (FMC). It has carried out four rounds of financing since its establishment, with a total amount of more than 12.

  Baiteng car 2020-06-12
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  Baiteng Motor "came alive", registering a new company to raise 2 billion to accelerate mass production of M-Byte.

  Due to capital and operational problems, independent car company Baiteng announced in June this year that all staff were waiting for work and production was suspended. CCTV commented at the time that "burning up 8.4 billion yuan could not produce a mass production car." Now, mass production of the Baiteng M-Byte seems promising again. A few days ago, some media reported that Baiteng Motor has applied to register a new technology company, the name of the new company is "Shengteng", as soon as the end of August to obtain a legal person business license. The new company plans to raise 2 billion yuan to accelerate mass production of M-Byte. At present, FAW Group and other shares of Oriental are actively promoting this financing. Sources revealed that Baiteng is in accordance with FAW Group today.

  Baiteng car 2020-08-25
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  New progress in Foxconn car building, entry declaration "Let Baiteng win"

  For the new car-building forces, 2020 is undoubtedly a year for big waves to clean up the sand. Many new car-building brands, such as Sailin, Future, Boxun and so on, have fallen into operational difficulties, and even the Baitang car, which was once regarded by the outside world as "the most likely to be successful", has run out of funds and has come to a standstill. CCTV commented that "burning up 8.4 billion yuan can not produce mass-produced cars." However, there has been a lot of news about Baiteng recently, and its difficult survival situation may be alleviated. On December 31, 2020, Baiteng just sent a notice of suspension of production in China to its employees, informing all companies in China (excluding Hong Kong) that they still do not have.

  Baiteng car 2021-01-23
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  A number of car companies will be eliminated, and CCTV has exposed that these car manufacturers will shut down before mass production.

  CCTV Finance and Economics: the new force of car building, which is always on the road of financing, has entered the knockout stage.

  The new force of car building Baiteng Automobile Sailin Automobile 2020-06-29
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  Another new force goes bankrupt

  "Automotive Industry concern" learned from the Heavenly Eye that on June 14, Baiteng Automobile affiliate Nanjing Zhixing New Energy Automobile Technology Development Co., Ltd. (hereinafter referred to as "Zhixing New Energy vehicle") added a piece of "bankruptcy reorganization" information. The case number is (2023) Su 0113 break 48, and the case type is "bankruptcy case".

  Company Automobile Zhixing Limited Nanjing Co. Ltd. New Energy case Court Electric Investment Technology Electric vehicle Development people's Court 2023-06-16
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  Burning up 8.4 billion yuan could not make a car, and Baiteng Motor was formally filed for bankruptcy liquidation.

  On November 1, the bankruptcy liquidation case of Nanjing Zhixing New Energy Automobile Technology Development Co., Ltd., an affiliated company of Baiteng Automobile, was formally heard. According to relevant data, Nanjing Zhixing New Energy vehicle Technology Development Co., Ltd. was established in June 2017. It is jointly established by Zhixing New Energy vehicle Investment Management (Nanjing) Co., Ltd. and Nanjing Qining Feng New Energy Automobile Industry Investment Fund Partnership (Limited Partnership). Nanjing Baiteng Automotive Technology Co., Ltd. was established in December 2017 and is 100% owned by Nanjing Zhixing New Energy. The bankruptcy liquidation will also mean that Baiteng Motor lost 8.4 billion of its investment in three years.

  Baiteng 2021-11-02
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  Internal letter from Boxun Automotive CEO: operations cannot be resumed without capital and government support.

  On June 28, Huang Ximing, founder of Boxun Automobile, once again posted an internal letter on WeChat group. In this internal letter, Huang Ximing said that Boxun Automobile is currently in the operation stage of light asset mode, and there is no saleable assets such as land and factories to solve the employees' practical problems. He also apologized for all kinds of difficulties caused to employees due to the company's problems in the past year. At the same time, Huang Ximing said that he tried to cooperate with other manufacturers or newcomers in the industry to recover funds by working with intangible assets such as models, platforms and intellectual property rights built over the past three years, giving priority to employees' social security, provident fund and salary. Huang Ximing also said in the internal letter that there is no external capital note.

  Boxun car 2020-06-29
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  It is exposed that the reason for Bi Fukang's departure is that all expenses of Baiteng shall be approved by FAW.

  According to the US technology media "The Verge", Bi Fukang, the current CEO of FF and former chairman of Baiteng, revealed the "underlying reasons" for resigning as chairman of Baiteng at a media event held at FF's headquarters in Los Angeles. Bi Fukang, known as the father of BMW i8, started his own business after BMW resigned. In 2016, Bi Fukang joined FMC, a new car company, along with Dai Lei, who also worked at BMW. At that time, Foxconn and Tencent were investors in FMC. However, due to various reasons, Tencent and Foxconn withdrew one after another, Bifukang and Dai Lei had no choice.

  Bi Fukang leaving Baiteng FAW 2019-09-23
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  With a reshuffle of the automobile industry in 2020, these brands are facing a moment of life and death.

  2020 is a special year for the global market. due to the influence of the epidemic, the production and operation of the upper, middle and lower reaches of the automobile industry have stagnated. Although the Chinese market has become the first automobile market to recover, under the influence of such a market, there are still many car brands that finally stopped in 2020 because of poor management and become history. 1. Dongfeng Renault on April 14, 2020, both shareholders of Dongfeng Renault announced that the joint venture company had officially ceased operation. Both shareholders reorganized Dongfeng Renault, and Renault transferred its 50% stake in Dongfeng Renault to Dongfeng Automobile Group. Dongfeng Lei.

  FAW Xiali brilliance Group Dongfeng Renault 2021-01-01
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  Biden appointed Mr. Andy Bao as Vice President, who worked at Ford for 20 years.

  Today, Baiteng announced the appointment of Mr. Andy Ball as Vice President of Project Management, which is mainly responsible for promoting product development and helping Baiteng deliver high-quality vehicles on time. The addition of Mr. Andi Bao will further strengthen the company's executive team and strengthen Baiteng's global project management level, starting with the delivery of the first model, the M-Byte SUV, to achieve the goal of launching different products to the global market on the same platform. Mr. Bao Andy previously had more than 20 years of automotive project management experience at Ford, mainly engaged in R & D and engineering operations in Europe and China. During his tenure at Ford, he used to.

  Ford car president Baiteng 2019-06-18
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  Foxconn's cooperation with Baiteng's electric vehicles has been suspended, and Baiteng is in a worrying situation.

  Recently, according to foreign media reports, the cooperation project between Foxconn and Baiteng has been shelved, mainly due to the deteriorating financial situation of Baiteng. According to foreign media quoted several people familiar with the project said that the project has not been officially terminated, the number of Foxconn employees in the Baiteng plant is very small, are preparing for the final termination of the project. Some of the senior people involved in the project have left Foxconn. As of press time, neither Foxconn nor Baiteng could be reached for comment. In January this year, Baiteng signed a strategic cooperation framework agreement with Foxconn Technology Group and Nanjing Economic and technological Development Zone, and the three parties will work together to promote the mass production of Baiteng new energy products.

  Foxconn 2021-09-16
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  The restructuring plan of Baiteng Automobile has been approved, and the departure of the founders will be dominated by the "new company".

  Baiteng Motor, a new power car company, has suffered a "shutdown" since the middle of this year due to capital and operational problems, and other businesses have been suspended except for keeping a small number of jobs running. But with the recent news of Baiteng cars, the company seems to have hope again.

  Baiteng car 2020-10-14
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  A number of new power car companies collapsed, and a car company CEO exposed how to "start a business hard".

  Recently, there has been frequent news of the closure of new power car manufacturing enterprises, including Baiteng Motor, which has burned out 8.4 billion yuan and still cannot produce mass production cars. Now Baiteng has announced a suspension of operation; Sailin Automobile has been shut down due to a broken capital chain; and Boxun Automobile has also announced that it has given up building cars. To make matters worse, there is no sign of the wages owed by these companies to thousands of employees. In response to this phenomenon, ideal car CEO Li wants to evaluate the new power car industry in this way. In the retweet, "300 people ate 50 million yuan snacks and thousands of business cards. How did Baiteng burn 8.4 billion?" In his article, Li Xiang believes that the new power of car building should learn the mode of "hard work". Li Xiang.

  Ideal car 2020-07-06