Headquarters | |||||||||||
Native name | 北京汽车集团有限公司 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Formerly | Beijing Automotive Industry Corporation Group | ||||||||||
| Company type | State-owned | ||||||||||
| Industry | Automotive | ||||||||||
| Founded | 1958; 67 years ago (1958)[1] | ||||||||||
| Headquarters | 99 Shuanghe Ave.,Shunyi District,, China | ||||||||||
Area served | Worldwide | ||||||||||
Key people | Zhang Jianyong (chairman) | ||||||||||
| Products | Commercial and passenger vehicles | ||||||||||
| Revenue | CN¥480,738,070,000 | ||||||||||
| Owner | Beijing Municipal Government | ||||||||||
| Subsidiaries |
| ||||||||||
| Website | baicgroup.com.cn | ||||||||||
| BAIC Group | |||||||
|---|---|---|---|---|---|---|---|
| Simplified Chinese | 北京汽车集团有限公司 | ||||||
| Traditional Chinese | 北京汽車集團有限公司 | ||||||
| Literal meaning | Beijing Automotive Group Co Ltd | ||||||
| |||||||
| Alternative Chinese name | |||||||
| Simplified Chinese | 北京汽车工业控股有限责任公司 | ||||||
| Traditional Chinese | 北京汽車工業控股有限責任公司 | ||||||
| Literal meaning | Beijing Automotive Industry Holding Co Ltd | ||||||
| |||||||
Beijing Automotive Group Co., Ltd. (BAIC, formerly asBeijing Automotive Industry Corporation) is a Chinesestate-owned automobile manufacturer headquartered inShunyi,Beijing. Founded in 1958,[2] it is thesixth largest automobile manufacturer in China, with 1.723 million sales in 2021.
The company produces and sells vehicles under its own branding, such asArcfox,Beijing,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 makerBAIC Motor (44.98% share); and truck, van, bus, and agricultural equipment automaker, Foton Motor.[3] A large proportion of sales BAIC's sales is in agricultural, commercial, and military vehicles.
BAIC was originally founded in 1958[4] as Beijing Automobile Works (BAW), which found success producing theDongfanghong BJ760, a vehicle based on the SovietGAZ-21.[5]
BAIC was one of the top ten most-productive Chinese automakers in 2010. This may be due to subsidiaryBeijing Automobile Works and a sustained surge of popularity forBeijing Hyundai products.[6] It reached fifth place by selling nearly 1.5 millions units garnering amarket 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]
After several unsuccessful attempts to buy struggling European automakers in 2009, such as Saab,Volvo, andOpel as well as technology from the AmericanChrysler, 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[citation needed]) for sale in China.[11]
Theintellectual property bought by BAIC includes the rights to three overall vehicle platforms,Saab 9-3 andSaab 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 theSenova C70 or 绅宝 (Shenbao), which may be translated as "gentleman's treasure".[15]
BAIC Group sold Beijing Automobile Manufacturing Plant in 2016.
In 2016, BAIC Group sold 2.85 million vehicles and had an operating income of 406.1 billion yuan, ranking 160th in the 2016 Fortune Global 500 list.[16]
In 2017, BAIC Group ranked 137th on the Fortune Global 500 list.[17]
In July 2019, BAIC Group acquired 5% of the shares ofDaimler Group.
In December 2021, BAIC Group increased its stake inDaimler Group to 9.98%, surpassingGeely Group to become the largest shareholder of Daimler Group.
In August 2024, BAIC and Huawei's smart car technology ecological alliance "Harmony Intelligent Mobility Alliance" cooperated to launch theStelato S9 smart flagship sedan. This is also the first model of BAIC and Huawei's joint brand Stelato.[18]
BAIC BluePark 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 ofArcfox and EV models of Beijing brand.[19]
BAIC Motor is the main subsidiary of BAIC Group, it is co-owned by BAIC Group and Beijing Municipal Government.[20] It currently operate the "Beijing" brand.
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.[21]
In January 2020, BAIC announced the independence of Beijing Off-road brand.[22]
BAIC Foton, also known asFoton Motor or Foton, is a subsidiary of BAIC Group that designs and manufactures trucks, buses and sport utility vehicles.
BAIC's product line includes passenger vehicles, commercial vehicles, military vehicles andagricultural machinery andconstruction 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 is BAIC's premium EV brand operated byBAIC BluePark, established in 2017.
Stelato is the brand Huawei collaborates withBAIC BluePark, a subsidiary of BAIC Group.
Beijing (北京汽车) isBAIC Motor's major brand, revived in 2020 after BAIC Group discontinued itsSenova brand. All the former Senova vehicles were renamed to Beijing brand since then.[23] 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.[24]
Beijing Off-road (北京越野), operated by the fully owned subsidiary, the BAIC Group Off-road Vehicle Co., Ltd.,[22] 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.
With the Beijing Electric Vehicle Co., Ltd. (BAIC BJEV) was reconsolidated intoBAIC BluePark, the battery electric vehicle of Beijing brand, like Beijing EU5, Beijing EU7, are also operated by BAIC BluePark at present.
BeiqiFoton 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 inChangping,Beijing.[25]
Ruili is a sub-division of BAIC. They produce their vehicles under the Doda brand.[26]
Beijing Automobile Works Co., Ltd. (BAW), which produces lightoff-road vehicles,trucks, andmilitary vehicles, used to be a subsidiary of BAIC Group but was sold to private sector since 2015.[27][28]
In June 2024, BAIC Group issued a clarification statement. The statement mentioned that Beijing Automobile Works Co., Ltd. and BAIC Group have no equity or property rights relationships.[29]
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 theCultural revolution.[30] In 1984, assembly of theIsuzu 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.[31] BLAC went bankrupt in 2002.[30]
In 2012, Changhe Automobile was acquired by BAIC Group and became a subsidiary. Changhe began to introduce new products based on BAIC's platforms.[32] In mid-2022 all products were discontinued and the company's website ceased to be available.[33]
Like many other peers, BAIC has severaljoint ventures with foreign automakers—including two with Daimler AG.[34]
Beijing Hyundai Motor Co., Ltd. is an automobile manufacturing company headquartered in Beijing, China, and is a 50:50 joint-venture betweenBAIC Motor and Hyundai Motor Company.
The Beijing Benz is joint venture betweenBAIC Motor and German automakerDaimler AG.
Beijing Foton Daimler Automobile Co., Ltd. is a joint venture between Daimler and a BAIC subsidiary,Foton Motor, which makes commercial trucks.[35]
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.
Huansu is a brand under Beiqi Yinxiang Automobile, a joint venture between Beijing Auto (Beiqi) and theYinxiang Group from Chongqing.
Weiwang is a brand under Beiqi Yinxiang Automobile, a joint venture between Beijing Auto (Beiqi) and theYinxiang Group from Chongqing.
Mercedes-Benz Group (9.98% stake)
As of 31 December 2016[update]
As of 31 December 2016[update]
| BAIC Bluepark | BAIC Motor | BAIC Off-road | Foton | |||
|---|---|---|---|---|---|---|
| Year | Total | Arcfox | Stelato | Beijing[42] | Beijing Off-road | |
| 2010 | 682,895 | - | - | - | - | 682,895 |
| 2011 | 664,812 | - | - | 24,415 | - | 640,397 |
| 2012 | 683,991 | - | - | 77,561 | - | 606,430 |
| 2013 | 866,994 | - | - | 202,280 | - | 664,714 |
| 2014 | 864,783 | - | - | 309,648 | - | 555,135 |
| 2015 | 827,170 | - | - | 337,102 | - | 490,070 |
| 2016 | 988,109 | - | - | 457,082 | - | 531,109 |
| 2017 | 837,129 | 472[43] | - | 235,841 | - | 600,816 |
| 2018 | 701,754 | 588[43] | - | 156,159 | - | 545,007 |
| 2019 | 743,614 | 599[43] | - | 166,992 | 36,018 | 540,005 |
| 2020 | 790,241 | 721[43] | - | 81,792 | 27,562 | 680,166 |
| 2021 | 760,476 | 4,993[44] | - | 72,434 | 32,015 | 650,018 |
| 2022 | 570,681 | 11,895[45] | - | 71,897 | 25,689 | 460,126 |
| 2023 | 821,033 | 30,016[46] | - | 160,000 | 631,017 | |
| 2024 | 872,362 | 81,017[47] | 4,232[48] | 173,000[49] | 614,113 | |
BAIC Group becomes the main sponsor ofDewa United, a sports club that has three divisions, namely football, basketball, andeSports. This collaboration was announced at the 2024 Gaikindo Indonesia International Auto Show (GIIAS). BAIC sees Dewa United as a club with proud achievements and wants to contribute toIndonesia. This collaboration includes financial support and provision of BAIC operational vehicles for Dewa United. BAIC will also place their logo on the jerseys of all teams under the auspices of Dewa United, including football, basketball, and eSports.[50]
北汽集团在此澄清,北京汽车制造厂有限公司是一家生产基地主要位于山东青岛的民营企业,与北汽集团无股权关系、产权关系。
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