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Carmaker BAIC Group reports robust growth

chinadaily.com.cn | Updated: 2018-07-18 17:42
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A BAIC Motor Corp Arcfox-1 concept electric vehicle stands on display at the Beijing International Automotive Exhibition in Beijing, April 25, 2016. [Photo/VCG]

Fight for 2018 - Improve quality and increase profit

The following BAIC priorities were published in the communication meeting: the Beijing Mercedes-Benz Shunyi factory will be the key construction project, and BAIC also plans to build a high-end intelligence factory and a new energy power system base in Yizhuang, Beijing.

BAIC will build an R&D ecosystem to accelerate the implementation of the comprehensive new energy strategy.

They will stick to the three-parallel line (EV, PHEV and fuel cell) technical route, while charging and switching modes will be developed simultaneously.

What’s more, they will enhance the deep integration of new technologies and ecological development of new energy industry, promote intelligent network layout for charging and changing electricity power, and build an information service cloud platform.

They will coordinate the synergetic development in Beijing-Tianjin-Hebei, non-capital functional dispersal, and national capacity structure adjustment and resource optimization in an orderly manner.

They also will deepen state-owned enterprise reform and promote asset securitization.

In 2018, BAIC will strengthen independent innovation and reform unceasingly to achieve the goal of strategic transformation.

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