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BAIC BluePark

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BAIC BluePark New Energy Technology Co., Ltd.
Native name
北汽蓝谷新能源科技股份有限公司
Company typeState-owned enterprise, subsidiary
SSE: 600733
IndustryAutomotive
Founded2009; 15 years ago (2009) (As BAIC BJEV)
HeadquartersBeijing Economic-Technological Development Area,
Beijing
,
China
Area served
Worldwide
OwnerBAIC Motor (38.7%) Mercedes-Benz Investment China (2.69%)
ParentBAIC Group
Websitehttps://www.bjev.com.cn

BAIC BluePark (Chinese: 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 Stelato, Arcfox and EV models of Beijing brand.[1]

History

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In 2009, the BAIC Group established a subsidiary, Beijing Electric Vehicle Co., Ltd. (BJEV). It is the first independently operated electric vehicle manufacture of China, and the enterprise in China to obtain the qualification for the production of new energy vehicles.[2]

Between 2010 and 2014, BJEV is a subsidiary of BAIC Motor, but it was put back under direct control of BAIC Group again prior to BAIC Motor's listing. The company is renamed to Beijing New Energy Automobile Co Ltd (BAIC BJEV).[3]

In 2018, the BAIC BJEV is set to go public through a backdoor listing on the A-share market in China. The company was renamed to "BAIC BluePark New Energy Technology Co., Ltd. (BAIC BluePark)". BAIC BJEV was reconstructed and became a subsidiary of BAIC BluePark.[4]

In December 2019 Beijing BluePark expands an existing cooperation with global automotive supplier Magna International (based in Canada) to a full fletched joint venture, using BAIC Zhenjiang as the donor company. It was renamed as BAIC BluePark Magna Automobile and would be responsible for manufacturing premium electric vehicles under the Arcfox brand.[5]

In September 2021, BAIC BluePark and Huawei made a joint statement, that two companies would collaborate on building intelligent electric vehicle under Arcfox brand.

In May 2022, BAIC BluePark launched the Arcfox α-S HI version under the "Huawei Inside" mode. Huawei empowers the vehicle intelligence through the supply of both software and hardware.[6]

In August 2023, BAIC BluePark issued an announcement that it would extend cooperation with Huawei Consumer Business Group to build a high-end intelligent electric sedan.[7]

In December 2023, according to an announcement made by the China National Intellectual Property Administration (CNIPA), Huawei has transferred multiple trademarks called "STELATO" to BAIC BJEV, the English name of the Huawei-BAIC collaboration brand under Harmony Intelligent Mobility Alliance (HIMA), similar to AITO and Luxeed.[8][9]

In March 2024, BAIC BluePark announced that the BAIC Group, it's controlling shareholder, entrusted all the voting rights and shares of BAIC BluePark to BAIC Motor. After this share trusteeship, BAIC Motor actually controls approximately 38.70% of the voting rights of BAIC BluePark and the direct controlling shareholder are changed from BAIC Group to BAIC Motor. The company will still be indirectly controlled by BAIC Group, and the actual controller of the company are still the State-owned Assets Supervision and Administration Commission of Beijing Municipal Government.[10]

Products

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Arcfox

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Main article: Arcfox

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

Stelato

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Main article: Stelato

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

BJEV/Beijing (EV models)

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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.

Current Beijing (EV models)

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  • Beijing EU7 (2019–present), mid-size car, EV variant of Beijing U7
  • Beijing EU5 (2018–present), compact car, EV variant of Beijing U5
  • Beijing EX5 (2019–present), compact SUV, EV variant of Beijing X5

Discontinued BJEV models

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  • BJEV EV (2013–2017), subcompact car, EV variant of Senova D20
  • Beijing EC5/BJEV EX (2016–2019), subcompact SUV, EV variant of Senova X25
  • BJEV EH (2016–2019), mid-size car, EV variant of Senova D70
  • BJEV EU (2016–2019), compact car, EV variant of Senova D50
  • BJEV EC (2016–2020), subcompact car
  • Beijing EX3 (2018–2022), subcompact SUV

See also

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References

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  1. ^ "关于我们 - 北汽蓝谷". www.bjev.com.cn. Retrieved 2023-12-31.
  2. ^ "关于我们 - 北汽蓝谷". www.bjev.com.cn. Retrieved 2023-12-31.
  3. ^ Breevoort, Leo (2021-10-24). "The Big Read: Story of BAW & BAIC (part 2)". CarNewsChina.com. Retrieved 2023-12-31.
  4. ^ "北汽新能源登陆A股倒计时--金融--人民网". money.people.com.cn. Retrieved 2023-12-31.
  5. ^ "News Release - Magna Celebrates the Signing of Its First Complete Vehicle Manufacturing Joint Venture in China". Magna. Retrieved 2023-12-31.
  6. ^ "华为Inside模式的首款量产车 极狐阿尔法S全新HI版上市". www.sohu.com. Retrieved 2023-12-31.
  7. ^ "北汽蓝谷与华为开启智选合作模式，首款车型定位高端智能纯电轿车-汽车电子-中存储网". www.chinastor.com. Retrieved 2023-12-31.
  8. ^ Chen, Dong Yi (2023-12-30). "Huawei-BAIC's STELATO brand will release an all-electric sedan in 2024". CarNewsChina.com. Retrieved 2023-12-31.
  9. ^ "智选车再添一"界"：华为北汽合作品牌名称曝光". www.guancha.cn. Retrieved 2023-12-31.
  10. ^ "北汽蓝谷控股股东变更，股价年内涨超30%". www.stcn.com. Retrieved 2024-07-03.
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