BAIC Group explained

Beijing Automotive Group Co., Ltd.
Native Name:Chinese: 北京汽车集团有限公司
Former Name:Beijing Automotive Industry Corporation Group
Type:State-owned enterprise
Area Served:Worldwide
Key People:Zhang Jianyong (Chairman)
Industry:Automotive
Products:Commercial and passenger vehicles
Revenue:CN¥480,738,070,000
Owner:Beijing Municipal Government
Foundation:[1]
Location City:Beijing
Location Country:China
Location:99 Shuanghe Ave., Shunyi District
Homepage:baicgroup.com.cn
S:北京汽车集团有限公司
T:北京汽車集團有限公司
P:Běijīng qìchē jítuán yǒuxiàn gōngsī
L:Beijing Automotive Group Co Ltd
S2:北京汽车工业控股有限责任公司
T2:北京汽車工業控股有限責任公司
P2:Běijīng Qìchē Gōngyè Kònggǔ Yǒuxiàn Zérèn Gōngsī
L2:Beijing Automotive Industry Holding Co Ltd
Order:st

Beijing Automotive Group Co., Ltd. (BAIC, formerly as Beijing Automotive Industry Corporation) is a Chinese state-owned automobile manufacturer headquartered in Shunyi, Beijing. Founded in 1958,[2] it is the sixth largest automobile manufacturer in China, with 1.723 million sales in 2021.

The company produces and sells vehicles under its own branding, such as Arcfox, Beijing, Changhe, Foton Motor, Ruili Doda, as well as under foreign-branded joint ventures such as Beijing-Benz and Beijing-Hyundai. It also produces electric vehicles under some of the previously listed brandings, including dedicated EV brands such as Arcfox. Its principal subsidiaries include the passenger car maker BAIC Motor (44.98% share); military vehicle and light truck maker BAW; and truck, bus, and agricultural equipment maker, Foton Motor.[3] A large proportion of sales BAIC's sales is in agricultural, commercial, and military vehicles.

History

BAIC was originally founded in 1958[4] as Beijing Automobile Works (BAW), which found success producing the Dongfanghong BJ760, a vehicle based on the Soviet GAZ-21.[5]

BAIC was one of the top ten most-productive Chinese automakers in 2010. This may be due to subsidiary Beijing Automobile Works and a sustained surge of popularity for Beijing Hyundai products.[6] It reached fifth place by selling nearly 1.5 millions units garnering a market share of more than 8%.[7] 2011 production of 1.5 million whole vehicles made BAIC the fifth largest vehicle-maker in China that year in terms of units manufactured.[8] BAIC remained fifth in 2012, which saw the company make 1.7 million whole vehicles; 30% of production was commercial or heavy-duty products.[9]

Saab technology transfer

After several unsuccessful attempts to buy struggling European automakers in 2009, such as Saab, Volvo, and Opel as well as technology from the American Chrysler, BAIC fulfilled its aim of obtaining valuable Western technology that same year purchasing technology from a former unit of General Motors, Saab Automobile.[10] This allows it to produce older Saab models (but not brand them as Saabs) for sale in China.[11]

The intellectual property bought by BAIC includes the rights to three overall vehicle platforms, Saab 9-3 and Saab 9-5 technologies, two engine technologies, and two transmission systems.[12]

Cars with Saab technology were expected to go on sale in 2012[13] but didn't debut until May 2013.[14] The first Saab-based model on sale is the C70 or 绅宝 (Shenbao), which may be translated as "gentleman's treasure".[15]

Subsidiaries

BAIC BluePark New Energy Technology Co., Ltd.

See main article: article and BAIC BluePark. BAIC BluePark (北汽蓝谷) is BAIC Group's subsidiary mainly engaged in the design, research and development and sales of electric automobiles. BAIC BluePark was restructured from its current subsidiary, Beijing Electric Vehicle Co., Ltd. (BAIC BJEV). The company currently operate the brands of Arcfox and EV models of Beijing brand.[16]

BAIC Motor Corporation Co., Ltd.

See main article: BAIC Motor. BAIC Motor (北京汽车) is the main subsidiary of BAIC Group, it is co-owned by BAIC Group and Beijing Municipal Government.[17] It currently operate the Beijing brand

BAIC Group Off-road Vehicle Co., Ltd.

Beijing Off-road Vehicles (北京越野) used to be a department under BAIC Group, run by the fully owned subsidiary BAIC Group Off-road Vehicle Co., Ltd.[18]

In January 2020, BAIC announced the independence of Beijing Off-road brand.[19] The Beijing Off-road was independently operated, including development and sales channels, but shares the marque "BEIJING" with BAIC Motor (北京汽车) brand together. The current Beijing Off-road models badged in Chinese name "北京".

BAIC Foton Motor Co., Ltd

See main article: Foton Motor. BAIC Foton (北汽福田), also known as Foton Motor or Foton, is a subsidiary of BAIC Group that designs and manufactures trucks, buses and sport utility vehicles .

Brands

BAIC has a wide product line that includes passenger vehicles, commercial vehicles, military vehicles and agricultural machinery and construction machinery.

The Beijing brand is the main passenger vehicle brand of BAIC, operated by multiple subsidiaries of BAIC Group according to different focus. They all share the same BEIJING badges and logos.

Arcfox

See main article: Arcfox.

See also: BAIC BluePark. Arcfox (极狐汽车) is BAIC's premium EV brand operated by BAIC BluePark, established in 2017.

Stelato

See also: Harmony Intelligent Mobility Alliance.

Stelato (Chinese: 享界) is the brand Huawei collaborates with BAIC BluePark, a subsidiary of BAIC Group.

Beijing (北京汽车)

See main article: BAIC Motor.

See also: Senova.

Beijing (北京汽车) is BAIC Motor's major brand, revived in 2020 after BAIC Group discontinued its Senova brand. All the former Senova vehicles were renamed to Beijing brand since then.[20] Beijing Motor will reorganize the product layout of its three major series in 2023. That is to say, it will focus on the main channel of SUVs, supplemented by sedans and crossovers, including multiple levels and multiple power sources.[21]

Beijing Off-road (北京越野)

Beijing Off-road (北京越野), operated by the fully owned subsidiary, the BAIC Group Off-road Vehicle Co., Ltd.,[19] The Beijing Off-road used to be a department of BAIC Motor, but later was acquired back into BAIC Group and independently operated since 2019. The Beijing Off-road models are badged as Chinese characters "北京"(Beijing).

The current Beijing Off-road models badged in Chinese name "北京".

BJEV/Beijing EV

See main article: article and BAIC BluePark. With the Beijing Electric Vehicle Co., Ltd. (BAIC BJEV) was reconsolidated into BAIC BluePark, the battery electric vehicle of Beijing brand, like Beijing EU5, Beijing EU7, are also operated by BAIC BluePark at present.

Foton

See main article: Foton Motor. Beiqi Foton Motor Co., Ltd. (Foton Motor) is a subsidiary of BAIC which designs and manufactures trucks, buses, sport utility vehicles, and agricultural machinery. It is headquartered in Changping, Beijing.[22]

Ruili

Ruili is a sub-division of BAIC. They produce their vehicles under the Doda brand.[23]

Current models

Changhe

See main article: Changhe. In 2012, Changhe Automobile was acquired by BAIC Group and became a subsidiary. It began to introduce products based on BAIC's platform.[24]

Former subsidiaries or brands

BAW

See main article: BAW. Beijing Automobile Works Co., Ltd. (BAW) (北汽制造), which produces light off-road vehicles, trucks, and military vehicles, used to be a subsidiary of BAIC Group but was sold to private sector since 2015.[25] [26]

Senova

See main article: Senova.

BLAC

The Beijing Light Automobile Company (BLAC), until 1988 the Beijing Automobile Factory No. 2, started in the late 1960s when production of the independently developed BJ130 began. Its introduction was slowed considerably by the upheavals of the Cultural revolution.[27] In 1984, assembly of the Isuzu Elf/NHR began (originally as the BJ136, later as the BJ1030/1040/1050 series). In 1988, a new plant for these trucks was built with aid from the Japanese, and petrol and diesel light truck engines were also produced.[28] BLAC went bankrupt in 2002.

Joint ventures

Like many other peers, BAIC has several joint ventures with foreign automakers—including two with Daimler AG.[29]

Beijing Hyundai

See main article: Beijing Hyundai.

See also: BAIC Motor. Beijing Hyundai Motor Co., Ltd. is an automobile manufacturing company headquartered in Beijing, China, and is a 50:50 joint-venture between BAIC Motor and Hyundai Motor Company.

Beijing Benz

See main article: Beijing Benz.

See also: BAIC Motor. The Beijing Benz is joint venture between BAIC Motor and German automaker Daimler AG.

Beijing Foton Daimler

Beijing Foton Daimler Automobile Co., Ltd. is a joint venture between Daimler and a BAIC subsidiary, Foton Motor, which makes commercial trucks.[30]

Huansu

Huansu is a brand under Beiqi Yinxiang Automobile, a joint venture between Beijing Auto (Beiqi) and the Yinxiang Group from Chongqing.

Weiwang

Weiwang is a brand under Beiqi Yinxiang Automobile, a joint venture between Beijing Auto (Beiqi) and the Yinxiang Group from Chongqing.

Former joint ventures

Beijing Jeep

Beijing Jeep Corporation became China's first Sino-western automotive joint venture when it was established in 1984 with American Motors Corporation. Beijing Jeep subsequently became Beijing Benz-DaimlerChrysler Automotive Co Ltd and then Beijing Benz Automotive Co Ltd.

International investments and holdings

Mercedes-Benz Group (9.98% stake)

Subsidiaries

Equity investments

Sales

BAIC group sales by brand[33] [34] [35] [36]
YearTotalArcfoxBeijing[37] Beijing Off-roadFoton
2010682,895---682,895
2011664,812-24,415-640,397
2012683,991-77,561-606,430
2013866,994-202,280-664,714
2014864,783-309,648-555,135
2015827,170-337,102-490,070
2016988,109-457,082-531,109
2017837,129472235,841-600,816
2018701,754588156,159-545,007
2019743,614599166,99236,018540,005
2020790,24172181,79227,562680,166
2021760,4766,00972,43432,015650,018
2022570,68112,96971,89725,689460,126
2023821,03330,016160,000631,017

See also

External links

Notes and References

  1. http://www.chinadaily.com.cn/bizchina/2010-11/17/content_11564705.htm Beiqi to invest 10b yuan in own brand
  2. Web site: Into the Biac.
  3. For State ownership, see BAIHC Homepage > About Beiqi > BAIHC Information Beijing Automotive Industry Holding Co., Ltd. Official Site.
    • For Beijing Automotive Industry Holding Co Ltd holdings, see Group Structure BAIC Official Site
  4. Web site: Into The Biac. 2021-08-30. 北汽集团.
  5. Web site: 2017-09-29. The Beijing Auto Works Dongfanghong BJ760 Is A Beautiful Chinese-Russian Sedan ChinaCarHistory. 2021-08-30. en-US.
  6. http://www.thetruthaboutcars.com/2011/01/china-car-market-101-who-makes-all-those-18-million-cars/ China Car Market 101: Who Makes All Those 18 Million Cars?
  7. 2011年前十家乘用车生产企业销量排名 . China Association of Automobile Manufacturers (CAAM) . 2012-01-20 . dead . https://web.archive.org/web/20120820031815/http://www.caam.org.cn/zhengche/20120120/0905067439.html . 2012-08-20 .
  8. Web site: 2012年12月分车型前十家生产企业销量排名 . China Association of Automobile Manufacturers (CAAM) . 14 January 2013 . January 15, 2013 . dead . https://web.archive.org/web/20130115030711/http://caam.org.cn/zhengche/20130114/0905085491.html . 15 January 2013 .
  9. For attempt to purchase Saab Automobile, see Web site: Koenigsegg — press release . Cision Wire . 2009-09-09 . dead . https://web.archive.org/web/20091221191239/http://www.cisionwire.com/koenigsegg-group-ab/koenigsegg-group-ab-signs-mou-with-beijing-automotive-industry-holdings-co--ltd--baic--regarding-saab-automobile-ab . 2009-12-21 .
  10. http://www.chinacartimes.com/2010/10/19/what-baic-plans-to-build-on-its-saab-treasures/ What BAIC plans to build on its Saab treasures
  11. https://www.reuters.com/article/idUSLDE5BD2E920091214 BAIC paid $197 mln for Saab assets - paper
  12. "Big hurdle for a small brand --- Beijing Auto attempts to grow out of its niche with Saab-based models and new factories." Norihiko Shirouzu. The Wall Street Journal Asia. Hong Kong: 13 Oct 2010. pg. 19
  13. "CHINA: BAIC's Senova D series sedan goes on sale". just - auto global news. Bromsgrove.14 May 2013.
  14. Web site: BAIC C70 to become the 'Gentlemens Treasure' in Chinese . https://web.archive.org/web/20120514001931/http://www.chinacartimes.com/2012/05/08/baic-c70-gentlemens-treasure-chinese/ . 14 May 2012 . China Car Times . 8 May 2012.
  15. Web site: 北京新能源汽车 . 2023-12-25 . www.bjev.com.cn.
  16. Web site: 2023-11-15 . 一文看懂北京越野,北汽蓝谷,北京汽车股权关系 . 2023-12-25 . finance.sina.com.cn.
  17. Web site: 2023-11-15 . 一文看懂北京越野,北汽蓝谷,北京汽车股权关系 . 2023-12-26 . finance.sina.com.cn.
  18. Web site: 北京越野宣布独立 全新阵容打造中国越野第一品牌-手机新浪汽车 . 2023-09-05 . auto.sina.cn.
  19. Web site: 绅宝品牌将退出市场 启用全新标识_汽车_中国网 . 2023-09-05 . auto.china.com.cn.
  20. Web site: "焕新战略"三大落地,"北京"带你"悦"起来. 2023-12-26 . Beijing Auto.
  21. Web site: RUILI ELECTRIC VEHICLES. 7 August 2018.
  22. Web site: RUILI ELECTRIC VEHICLES. 7 August 2018.
  23. Web site: 红火一时的昌河铃木,竟落得个无人接盘的下场? . 2023-10-02 . www.sohu.com .
  24. Web site: 成立超70年!这家汽车公司被收购-面包板社区 . 2023-04-15 . www.eet-china.com.
  25. Web site: 陆付军:北汽制造的新使命 高端访谈 . 2023-04-15 . www.sohu.com .
  26. Web site: 浴火重生BJ130综述稿 . A brief History of the BJ130 . Made in China . 17 August 2009 . zh . NetEase Inc . 2011-03-31 . 2011-07-21 . https://web.archive.org/web/20110721193340/http://auto.163.com/09/0817/11/5GTR1G4U00083IA1.html . dead .
  27. Web site: Beijing LAC Китай . Beijing LAC (China) . https://web.archive.org/web/20110819123050/http://knigi.zr.ru/trucks.asp?f=4 . Книги и Каталоги (Books and Catalogues) . За рулем . ru . 2011-08-19 .
  28. https://www.reuters.com/article/idUSTOE69L04320101022 Daimler aims to nearly triple China sales by 2015
  29. For legal name, see The entire Beijing Automotive Group overcomes difficulties—makes great endeavor to the quicker development BAIC Official Site, 2009-07-20
  30. Web site: 2019-07-23 . China's BAIC takes 5% stake in Daimler: German carmaker . 2024-01-10 . France 24 . en.
  31. Web site: Group . Mercedes-Benz . 2021-12-13 . Daimler welcomes commitment by long-term partner BAIC . 2024-01-10 . Mercedes-Benz Group . en.
  32. Web site: HOME Automotive Industry Portal MarkLines Portal . 2022-12-02 . www.marklines.com.
  33. Web site: 投资者关系 - 北汽蓝谷 . 2023-09-05 . www.bjev.com.cn.
  34. Web site: BAIC Motor Corporation., Ltd . 2023-09-05 . www.baicmotor.com.
  35. Web site: 北京越野销量查询,北京越野销量排名,北京越野历史销量查询 - 车主之家 . 2023-09-05 . xl.16888.com.
  36. Including Beijing(Senova), Beijing Off-road (until 2019), BAW (until 2015), Changhe/Weiwang (until 2019) Brands