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Magna, BAIC partner to build electric vehicles in China
Magna has signed a framework joint venture agreement with China’s BAIC Group together with the Zhenjiang government to build electric vehicles for BAIC and offer contract manufacturing services to other customers joint venture in China. The transaction, which is pending regulatory approval and other closing conditions, is expected to close in the fourth quarter of […]
Didi Chuxing sets up JV with BAIC-BJEV
Didi Chuxing, the world’s leading one-stop transportation platform, announced a new joint venture with Beijing Electric Vehicle Co., an affiliate of BAIC and China’s largest EV maker. BAIC-Xiaoju New Energy Auto Technology Co. Ltd (“JingJu”) aims to combine their strengths in new energy fleet operation and AI transportation solutions to develop next-generation connected-car systems. Jingju […]
BAIC EC is the top-selling electric vehicle worldwide
BAIC EC was best-selling electric car globally in the Q1, according to the figures released by JATO Dynamics. The BAIC EC sold 25,630 units in the first three months of the year, up 260 percent. All of BAIC’s sales came from China, proving the power of the market. The Chinese EV was followed by the […]
Daimler and BAIC to invest €655 million in EVs in China
Daimler and BAIC have announced a framework agreement to further deepen cooperation at their Sino-German production joint venture Beijing Benz Automotive Co., Ltd. (BBAC). The two companies pledged to jointly invest a total of five billion RMB (about 655 million euros) in the production of Battery Electric Vehicles (BEVs) under the Mercedes-Benz brand at the local […]
Daimler and BAIC to Make Electric Cars in China
Daimler and its Chinese joint venture partner BAIC Motor Corporation agreed to upgrade the Mercedes-Benz factory in Beijing to make electric cars, Daimler announced on Thursday. In the presence of German Chancellor Dr. Angela Merkel and Chinese Premier Li Keqiang, Daimler AG and its Chinese partner BAIC Group signed a framework agreement on further strengthening […]
BAIC BJEV partners with Dresden University of Technology for light-weighting technology
Beijing Electric Vehicle Co. (BAIC BJEV), a subsidiary of Chinese automaker BAIC, signed a strategic cooperation agreement with Dresden University of Technology (TUD) to create the Sino-German Automotive Light Weighting Technology Joint R&D Center. BAIC BJEV and TUD also entered into a letter of intent on the establishment of Sino-German Automotive Light Weighting Technology Engineering […]
BAIC EV Opens R&D Center in Detroit
Chinese electric car maker BAIC EV has established a new R&D center in Detroit, Michigan, which will help the company evaluate overseas market demand, obtain core EV technology, build on brand influence, and eventually provide support for their international layout. This new R&D center, the second for the company in the United States, followed a […]
BAIC Motor Opens R&D Center in Silicon Valley
BAIC Motor Corp., one of China’s largest state-owned automakers, has opened a technology research center in California’s Silicon Valley and is teaming with US electric-car startup Atieva to develop EVs for China and global markets. BAIC said its new tech center outside San Francisco will focus on development of EVs and eventually self-driving cars. BAIC […]
Bosch and Mitsubishi Corporation team up with Blue Park Smart Energy to develop business models for battery swapping in China
When it comes to electric vehicles, even high speed charging is not always speedy enough: idle time during charging and the costs this entails are deterring companies such as taxi services and ride-hailing operators from electrifying their fleets. Added to this is the uncertainty surrounding the performance of batteries in continuous use: how long do […]
Daimler to launch six new Mercedes-Benz EQ models by 2022
Mercedes-Benz is targeting leadership in electric drives and vehicle software. The consistent electrification of the entire product portfolio is a key element of the strategic focus “Ambition 2039” and a prerequisite on the way to CO₂ neutrality. In 2022 the portfolio includes eight all-electric Mercedes-EQ models. The global Mercedes-Benz production network is ready for the company’s […]
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