BAIC Group
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Company type | State-owned enterprise | ||||||||||||||
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Industry | Automotive | ||||||||||||||
Founded | 1988[1] | ||||||||||||||
Headquarters | , | ||||||||||||||
Area served | Worldwide | ||||||||||||||
Key people | Xu Heyi, Chairman | ||||||||||||||
Products | Commercial and passenger vehicles | ||||||||||||||
Revenue | 480,738,070,000 renminbi (2018) ![]() | ||||||||||||||
Owner | Beijing Municipal Government | ||||||||||||||
Subsidiaries |
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Website | baicgroup.com.cn |
BAIC Group | |||||||
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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 | ||||||
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BAIC Group (officially Beijing Automotive Industry Holding Co., Ltd.) is a Chinese state-owned enterprise and holding company of several automobile and machine manufacturers located in Beijing, China.
Its principal subsidiaries include the passenger car maker BAIC Motor; a military vehicle and SUV maker, BAW; and a truck, bus, and agricultural equipment maker, Foton Motor.[2] BAIC also makes Hyundai and Mercedes-branded cars for sale on the Chinese market through the Beijing Hyundai and Beijing Benz joint ventures (of BAIC Motor).
It is often ranked as the fifth or fourth-largest Chinese automaker by volume and boasts several successful passenger-car joint ventures with foreign firms. However, a significant proportion of its output is agricultural, commercial, and military vehicles.
In 2014, manufacture of 2.25 million whole vehicles made BAIC the fourth largest among domestic rivals although it placed second in terms of commercial vehicle output.[3]
History
Founded in 1958, BAIC companies build with Daimler AG and Hyundai.[4]
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.[5] It reached fifth place by selling nearly 1.5 millions units garnering a market share of more than 8%.[6] 2011 production of 1.5 million whole vehicles made BAIC the fifth largest vehicle-maker in China that year in terms of units manufactured.[7] BAIC remained fifth in 2012, which saw the company make 1.7 million whole vehicles; 30% of production was commercial or heavy-duty products.[8]
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.[9] This allows it to produce older Saab models (but not brand them as Saabs[citation needed]) for sale in China.[10]
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.[11]
Cars with Saab technology were expected to go on sale in 2012[12] but didn't debut until May 2013.[13] The first Saab-based model on sale is the C70 or 绅宝 (Shenbao), which may be translated as "gentleman's treasure"[14] although these cars may be sold under the Senova brand name outside of China.[15]
Southern China expansion
In 2010, BAIC aimed to expand in Southern China and planned to purchase fellow Chinese automaker Guangzhou Baolong (SSE: 600988) for this purpose gaining a Southern production base[16] and planning construction of two more.[17]
Electric vehicles
![]() | This article needs to be updated.(January 2017) |
A trial production run of 30 electric vehicles using Saab and self-developed platforms occurred in late 2010.[18] China subsidies oil (an incentive for the State to encourage use and manufacture of electric cars), and Chinese automakers see opportunities in less mature electric vehicles because Western companies have yet to develop much of a lead in the technology.[19]
The all-electric BAIC EC-Series city car was the top selling plug-in car in China in 2017 with 78,079 units sold, making the city car also the world's top selling plug-in car in 2017.[20]
Products
BAIC has a wide product line that includes more than the buses that are its traditional manufacture.[21] Offerings encompass many kinds of commercial vehicles, including: agricultural machinery, construction machinery, light trucks, and military vehicles, etc.[22] As of 2010, commercial vehicle production capacity is estimated to be around 700,000 units per year.[1] Production capacity figures may consider engines and vehicles as discrete.
The company sells self-branded consumer products in addition to manufacturing in cooperation with famous name foreign firms. Based on purchased Saab technology, the cars were first offered in 2013 although sales had been expected to start in both 2012 and 2010.[23] While it also make cars with foreign partners, its self-branded vehicles were developed without oversight from a major Western car manufacturer.[1] To support its own brand, in 2012 BAIC hired as a consultant former Ferrari designer Leonardo Fioravanti.[24]
BAIC-branded military and civilian light trucks have also been produced.[25]
BAIC-branded products
- BAIC BJ20
- BAIC BJ40
- BAIC BJ40L
- BAIC BJ80
- BAIC BJ90
- BAIC BJ212 (Not available for civilian use)
- BAIC BJ2020 (Not available for civilian use)
- BAIC BJ2022 (Not available for civilian use)
- BAIC BJ2023 (Not available for civilian use)
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BAIC BJ20
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BAIC BJ40
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BAIC BJ80
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BAIC BJ212
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BAIC BJ2020
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BAIC BJ2022
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BAIC BJ2023
- Senova D20
- Senova D50
- Senova D70 (Discontinued)
- Senova X25
- Senova X35
- Senova X55
- Senova X65
- Senova CC
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Senova CC
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Senova D20 Hatchback
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Senova D20 Sedan
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Senova D50
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Senova D70
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Senova X25
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Senova X35
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Senova X55
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Senova X65
Subsidiary Gallery
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BAW BW007 (Yusheng 007)
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BAW Yueling pickup
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BAW Luba (Discontinued)
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BJEV EC
- Changhe A6
- Changhe Freedom M50
- Changhe Freedom M70
- Changhe Q25
- Changhe Q35
- Changhe Q7
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Changhe A6
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Changhe Freedom M50
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Changhe Freedom M70
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Changhe Q25
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Changhe Q35
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Changhe Q7
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Foton Midi LWB
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Foton Sauvana
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Foton SUP
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Foton Toano
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Foton Tunland
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Foton View
Huansu
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Huansu H2
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Huansu H3
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Huansu S5
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Huansu S6
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Huansu S7
Weiwang
Weiwang is a brand under Beiqi Yinxiang Automobile, a joint venture between Beijing Auto (Beiqi) and the Yinxiang Group from Chongqing.
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Weiwang 306
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Weiwang 307
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Weiwang M20
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Weiwang M30
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Weiwang M35
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Weiwang M50F
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Weiwang M60
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Weiwang S50
Operations
Along with several other production bases, four of which are in eastern China, BAIC controls the former Guangzhou Baolong base in Southern China (most probably in Zengcheng city, Guangzhou, Guangdong province).[26] Plans exist to build two more southern production bases–one in Guangzhou, Guangdong province by 2012 and another in Chongqing.[17]
A planned production base will produce own-brand autos using Saab technology. It may be located in Zhuzhou, Hunan province, or at Sanxiang town, Zhongshan city, Guangdong province, and could become operational in June 2011.[27]
The company claims production bases in at least 26 Chinese cities.[28] This count most likely includes component manufacturers as well.
Current subsidiaries
BAIC Motor
BAIC Motor Co., Ltd. is a subsidiary of BAIC Group which manufactures passenger cars and microvans sold under the Senova (Chinese: 绅宝) and Weiwang (Chinese: 威旺) marques, respectively. Founded in 2010 and based in Beijing, Daimler AG acquired a 12% stake in BAIC Motor in November 2013.[citation needed] Other shareholders of BAIC Motor was Beijing State-owned Assets Management.[29]
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The Senova C51X
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The BAIC Concept 900
BAW
Beijing Automobile Works Co., Ltd. (BAW) is a subsidiary of BAIC based in Beijing which produces light off-road vehicles, trucks, and military vehicles.
BJEV
BAIC BJEV is a subsidiary of BAIC for electric vehicles, producing electric passenger vehicles mainly based on Senova passenger cars. BAIC owns 60% of he company, while the other 40% of the shares are divided among other shareholders including LeEco, the creator of the LeSEE electric super sedan.[30]
- EH (Discontinued): An electric mid-size family sedan based on the Senova D80
- EU: An electric compact family sedan based on the Senova D50
- EU5
- EU400 (Discontinued)
- EU260[31]
- EX: An electric subcompact crossover based on the Senova X25
- EX360
- EV: An electric subcompact hatchback based on the Senova D20
- EV160
- EC: An electric city car.
- EC180
- EC200
- LITE: An electric city car.
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.
Foton makes commercial trucks in a joint venture with Daimler AG,[32] called Beijing Foton Daimler Automobile Co., Ltd., which sells its products under the "Auman" brand name.[33]
Former subsidiaries
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.[34] 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.[35] BLAC went bankrupt in 2002.[34]
Joint ventures
BAIC has several joint ventures with foreign automakers—including two with Daimler AG.[32]
Current joint ventures
Beijing Hyundai
Beijing Hyundai Motor Co., Ltd. is an automobile manufacturing company headquartered in Beijing, China, and is a 50:50 joint-venture between BAIC and Hyundai Motor Company. Established in 2002, it manufactures in Shunyi District, a satellite city of Beijing, producing Hyundai-branded automobiles for the Chinese market.[36] New models designed for the Chinese market are due to appear.[37]
Beijing Benz
As of 2010, Beijing Benz, a BAIC joint venture with German automaker Daimler AG, makes the Mercedes-Benz C-Class and E-Class models for sale in China and seeks to make more of the models it sells in China locally.[32]
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.[38]
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.
References
- ^ a b c Beiqi to invest 10b yuan in own brand chinadaily.com.cn, 2010-11-17
- ^ 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 Archived 2011-07-07 at the Wayback Machine BAIC Official Site
- ^ "2014年11月汽车分车型前十家生产企业销量排名". caam.org.cn. China Association of Automobile Manufacturers (CAAM). 12 December 2014. Archived from the original on 13 December 2014. Retrieved 13 December 2014.
{{cite web}}
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suggested) (help) - ^ For date established, see Beiqi to invest 10b yuan in own brand chinadaily.com.cn, 2010-11-17
- For joint venture with Daimler AG, see Daimler aims to nearly triple China sales by 2015 reuters.com, Fri Oct 22, 2010 8:12am EDT
- For joint venture with Hyundai, see UPDATE 1-Hyundai Motor signs deal with Chinese carmaker reuters.com, Thu Oct 21, 2010 7:36pm EDT
- ^ For Beijing Automobile Works' contribution to 2010 sales, see BAW aiming to grow into top-class global automaker globaltimes.cn, December 14, 2010
- For Beijing Hyundai contribution to 2010 sales, see The entire Beijing Automotive Group overcomes difficulties —— makes great endeavor to the quicker development BAIC Official Site, 2009-07-20
- ^ China Car Market 101: Who Makes All Those 18 Million Cars? thetruthaboutcars.com, January 19, 2011
- ^ 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. Archived from the original on 2012-08-20.
{{cite conference}}
: Unknown parameter|deadurl=
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suggested) (help) - ^ "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. Archived from the original on 15 January 2013. Retrieved January 15, 2013.
{{cite web}}
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ignored (|url-status=
suggested) (help) - ^ For attempt to purchase Saab Automobile, see "Koenigsegg — press release". Cision Wire. Archived from the original on 2009-12-21. Retrieved 2009-09-09.
{{cite web}}
: Unknown parameter|deadurl=
ignored (|url-status=
suggested) (help)- For attempt to purchase Volvo Automobile, see SPECIAL REPORT-Saving Volvo:Geely buys brand and management test reuters.com, Thu Jul 22, 2010 10:18pm EDT
- For attempt to purchase Opel, see TIMELINE-Deals between Western and China auto firms reuters.com, Thu Jul 22, 2010 9:04am EDT
- For discussion of an asset sale with Chrysler, see Chrysler renews search for China partner: sources reuters.com, Wed Aug 26, 2009 4:27pm EDT
- For purchase of Saab technology, see China's BAIC buys Saab assets; Spyker still in talks reuters.com, Mon Dec 14, 2009 5:18am EST
- ^ What BAIC plans to build on its Saab treasures chinacartimes.com, 19 October 2010
- ^ BAIC paid $197 mln for Saab assets - paper reuters.com, Mon Dec 14, 2009 4:41pm EST
- ^ "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
- ^ "CHINA: BAIC's Senova D series sedan goes on sale". just - auto global news. Bromsgrove.14 May 2013.
- ^ "BAIC C70 to become the 'Gentlemens Treasure' in Chinese". China Car Times. 8 May 2012. Archived from the original on 14 May 2012.
- ^ Andrews, Mark (2017). "BAIC Senova first drive review". drive.com.au. drive.com.au (published 20 February 2017).
- ^ CORRECTED - CORRECTED-UPDATE 1-Beijing Auto to acquire Guangzhou Baolong reuters.com, Wed Aug 18, 2010 4:47am EDT
- ^ a b BAIC to invest RMB 5 bln in Baolong Auto Aug. 23, 2010 (China Knowledge)
- ^ Flexing engineering muscle globaltime.cn, December 22, 2010
- ^ For fuel subsidy, see China's fuel subsidy costs the world reuters.com, Wed Jun 4, 2008 8:08am EDT
- For Chinese automakers seeing EV opportunities, see Big bet on better battery-run cars chinadaily.com.cn, 2011-01-03
- ^ Jose Pontes (2018-01-18). "China December 2017". EV Sales. Retrieved 2018-01-19. Sales of plug-in electric cars in China, including imports, totaled 600,174 units in 2017. The BAIC EC-Series was the top selling plug-in with 78,079 units sold in China, making the city car the world's top selling plug-in car in 2017. The top selling plug-in hybrid was the BYD Song PHEV with 30,920 units. BYD Auto was the top selling car manufacturer. Foreign brands captured only about 4% of plug-in sales in 2017, with about half by Tesla. The Chinese plug-in car market represented roughly half of the 1.2 million plug-ins sold worldwide in 2017.
- ^ For wide product line, see BAIHC Homepage > About Beiqi > BAIHC Information Beijing Automotive Industry Holding Co., Ltd. Official Site
- For bus as traditional product, see Beiqi to invest 10b yuan in own brand chinadaily.com.cn, 2010-11-17
- ^
- For agricultural machinery, see Beijing Automotive Import & Export Corporation
- For construction machinery, see Beijing Automotive Import & Export Corporation
- For light trucks, see Beijing Automotive Import & Export Corporation
- For military vehicles, see BAIHC Homepage > About Beiqi > BAIHC Information Beijing Automotive Industry Holding Co., Ltd. Official Site
- ^ For "Beijing" brand name, see Beiqi to invest 10b yuan in own brand chinadaily.com.cn, 2010-11-17
- For 2013 sales start, see "CHINA: BAIC's Senova D series sedan goes on sale". just - auto global news. Bromsgrove.14 May 2013.
- For 2012 expectations, see "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: Oct 13, 2010. pg. 19
- For 2010 as initial launch target, see "This year's goal of BAIC is 950,000 units, new vehicles "Beijing Brand" will be launched out next year". baihc.com. Beijing Automotive Group. 2009. Archived from the original on 17 February 2010.
- ^ "Chinese auto group hires Ferrari car designer Fioravanti". reuters.com. Thompson Reuters. April 19, 2012. Retrieved 2012-05-15.
- ^ "Hummer-Inspired Chinese Trucks (3): BAIC Yongshi". ChinaAutoWeb.com.
- ^ For four Eastern China production bases, see BAIC to invest RMB 5 bln in Baolong Auto Aug. 23, 2010 (China Knowledge)
- For former Guangzhou Baolong production base, see CORRECTED - CORRECTED-UPDATE 1-Beijing Auto to acquire Guangzhou Baolong reuters.com, Wed Aug 18, 2010 4:47am EDT
- For probable location, see BAIC invests $736 mln to restructure Baolong's production base gasgoo.com, August 19, 2010
- ^ For possible Hunan location, see Beiqi to invest 10b yuan in own brand chinadaily.com.cn, 2010-11-17
- For 2011 as start of operations and possible Guangdong location, see BAW's new production base to be completed next June globaltimes.cn, November 11, 2010
- ^ Company Beijing Automotive Industry Import and Export Corporation Official Site
- ^ "China establishes new automaker for "Beijing" brand automobiles". People's Daily. 30 September 2010. Archived from the original on 18 October 2012.
- ^ "Eye To Eye With The Beijing Auto EU260 EV In China".
- ^ "Eye To Eye With The Beijing Auto EU260 EV In China".
- ^ a b c Daimler aims to nearly triple China sales by 2015 reuters.com, Fri Oct 22, 2010 8:12am EDT
- ^ Mr. Heyi Xu,the president of Beijing Automotive Industry Holding Co., Ltd. delivered a speech at the 2009 China (Changchun) International Automobile Forum Archived 2010-02-16 at the Wayback Machine BAIC Official Site, 2009-07-20
- ^ a b "浴火重生BJ130综述稿" [A brief History of the BJ130]. Made in China (in Chinese). NetEase Inc. Retrieved 2011-03-31.
- ^ "Beijing LAC Китай" [Beijing LAC (China)]. Книги и Каталоги (Books and Catalogues) (in Russian). За рулем. Archived from the original on 2011-08-19.
- ^ For Hyundai as partner, see UPDATE 1-Hyundai Motor signs deal with Chinese carmaker reuters.com, Thu Oct 21, 2010 7:36pm EDT
- For strong 2009 sales, see Hyundai smokes the competition money.cnn.com, January 5, 2010: 9:45 AM ET
- For strong 2010 sales, see The entire Beijing Automotive Group overcomes difficulties —— makes great endeavor to the quicker development BAIC Official Site, 2009-07-20
- ^ HYUNDAI REVEALS THREE NEW MODELS AT SHANGHAI AUTO SHOW[permanent dead link] Hyundai Official Site
- ^ For legal name, see The entire Beijing Automotive Group overcomes difficulties—makes great endeavor to the quicker development BAIC Official Site, 2009-07-20
- For commercial trucks and Daimler AG as partner, see Daimler aims to nearly triple China sales by 2015 reuters.com, Fri Oct 22, 2010 8:12am EDT
External links
- Official website
- (BAICIEC) Beijing Automotive Import & Export Corporation
- (BAW) Beijing Automobile Works Co., Ltd. (BAW)