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BAIC: Planning sales of 3 million unit by 2025, CV unit Foton stable
BAIC: Planning sales of 3 million unit by 2025, CV unit Foton stable JV brands account for 90% of sales; electrification urgently needed for independent brands Summary BAIC BluePark: Struggling due to the impact of subsidy cuts and sluggish sales of high-end model NEVs Foreign joint ventures: Benz brand affected by COVID-19 and shortage of semiconductors Commercial vehicles: Beiqi Foton's business performance stable, annual sales of electric deli...
Market & Tech Reports Updated at: 2022/11/17
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