BAIC Group
BAIC Group
Beijing Automotive Group Co., Ltd. (BAIC, formerly as Beijing Automotive Industry Corporation) is a Chinese state-owned automobile manufacturer headquartered in Shunyi, Beijing. Founded in 1958, it is the sixth largest automobile manufacturer in China, with 1.723 million sales in 2021.
BAIC Group
The company produces and sells vehicles under its own branding, such as Arcfox, Beijing, Foton Motor, Ruili Doda, as well as under foreign-branded joint ventures such as Beijing-Benz and Beijing-Hyundai. It also produces electric vehicles under some of the previously listed brandings, including dedicated EV brands such as Arcfox. Its principal subsidiaries include the passenger car maker BAIC Motor (44.98% share); and truck, van, bus, and agricultural equipment automaker, Foton Motor. A large proportion of sales BAIC's sales is in agricultural, commercial, and military vehicles.
History
BAIC was originally founded in 1958 as Beijing Automobile Works (BAW), which found success producing the Dongfanghong BJ760, a vehicle based on the Soviet GAZ-21.