Exploring the World of Beijing Automobiles
Beijing Automobiles, commonly known as BAIC, is one of the leading automobile manufacturers in China. Founded in 1958, the company has come a long way and has become a well-known brand globally. In this article, we will explore the history, product range, and future plans of Beijing Automobiles.
History of Beijing Automobiles
Beijing Automobiles has a rich history of more than 60 years. Started as the First Automobile Works in 1958, the company produced its first vehicle, a truck, in 1963. In 1983, the company merged with other firms to form Beijing Jeep Corporation, a joint venture with American Motors Corporation. The joint venture produced the iconic Jeep Cherokee for the Chinese market. Beijing Jeep Corporation later became Beijing Benz-DaimlerChrysler Automotive Co. Ltd, and in 2009, became a subsidiary of BAIC Motor Corporation. Today, the company has grown into a massive enterprise, with subsidiaries such as Beijing Hyundai, Beiqi Foton, and Beiqi Yinxiang.
Product Range
Beijing Automobiles has a diverse range of vehicles, covering everything from passenger cars to commercial vehicles. BAIC Motor Corporation, the parent company, produces sedans, SUVs, and even electric vehicles. The Senova brand, another subsidiary of BAIC Motor, produces mid-range luxury vehicles for the Chinese market. Beijing Hyundai, a joint venture with South Korean automaker Hyundai, produces passenger cars for the Chinese market. The product range includes sedans such as the Elantra and the Sonata, as well as SUVs like the Tucson and the Santa Fe. Beiqi Foton, another subsidiary of BAIC Motor, manufactures commercial vehicles such as trucks, buses, and vans.
Future Plans
Beijing Automobiles has big plans for the future. In line with the Chinese government's goal of phasing out gasoline vehicles, the company plans to ramp up the production of new-energy vehicles (NEVs). The company announced that it plans to have 40% of its total sales in NEVs by 2025. The company also intends to expand overseas, with a focus on emerging markets such as Southeast Asia and Africa. Additionally, Beijing Automobiles plans to increase its research and development (R&D) investment as it looks to become a leader in the global automotive industry. In conclusion, Beijing Automobiles has come a long way since its inception in 1958. With a diverse range of products and plans for the future, the company is poised for success in China and beyond.
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