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2023

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New energy vehicles helped boost the growth of Beijing auto sales

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In recent years, with the popularization of the concept of low carbon and environmental protection, new energy vehicles have become more and more popular with the public. BAIC Group continues to explore new market areas, starting with the new consumption hot spot of new energy vehicles, and boosting the steady growth of Beijing auto sales with the development of new energy vehicles.

All brands of BAIC Motor Corporation Limited accelerated the promotion of new energy strategy and optimized the product layout of new energy vehicles. Among them, Beijing brand has made clear the product planning and technical route of "comprehensive new energy", and responded to the challenges with new products and new routes; The new EQE, the fourth pure electric product of Beijing Benz, also officially launched in August this year, and will accelerate the launch of new energy vehicles in the future; Beijing Hyundai will also strengthen the layout of the new energy field and continue to introduce new energy products such as the pure electric vehicle IONIQ and the hydrogen fuel cell vehicle NEXO.

A few days ago, BAIC Motor released its performance report for the third quarter of 2022. According to the report, from January to September, BAIC Motor Corporation achieved operating revenue of 141.877 billion yuan, up 14.53% year on year. On December 2, 2022, BAIC Blue Valley (600733. SH) announced the production and sales report of its subsidiary in November 2022. In November 2022, Beijing New Energy Automobile Co., Ltd. produced 3085 vehicles, with a total of 17901 vehicles this year, a year-on-year increase of 231.50%. In November 2022, Beijing New Energy Automobile Co., Ltd. sold 6052 vehicles, with a total of 40316 vehicles this year, up 83.85% year on year.