www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

BAIC unit heads for IPO

By Lyu Chang | China Daily | Updated: 2016-05-24 07:13

Leading electric-car maker powering along with plans to build major new plant

Beijing Electric Vehicle Co, a subsidiary of BAIC Motor Corp, plans to raise funds through an initial public offering to enlarge its production capacity, a senior official said on Monday.

"We have already expanded our registered capital to 3 billion yuan ($458 million), but it is clearly not enough, so we are going for an IPO to finance our projects," said Hao Ziming, deputy Party secretary of the Beijing-based firm, without giving details on the time frame.

 BAIC unit heads for IPO

Newly made electric vehicles go through final check at a production line of Beijing Electric Vehicle Co in Beijing. Wang Zhen / For China Daily

He said the company plans to build another 100, 000-unit factory in Beijing, adding to the existing two bases in Beijing and Qingdao of Shandong province, which are able to produce 20,000 and 50,000 units annually, respectively.

The carmaker announced a five-year plan for the development of new-energy vehicles, after topping the domestic market in terms of sales volume.

It plans to sell 500,000 units by 2020 and it is expected to rake in 60 billion yuan in sales in the next five years. Founded in 2009, the electric-car producer sold more than 20,000 units in 2015, doubling the sales from the previous year.

Hao attributed the growth to the government's supporting policies, as well as the efforts the firm has put in recent years into research and development.

Premier Li Keqiang pledged in March during a State Council meeting to push for more use of new-energy vehicles, and to encourage more innovation to accelerate the development of the sector.

China, the world's largest consumer of energy, will increase the proportion of new-energy vehicles in public transport and logistics to more than 50 percent.

Zheng Gang, Beijing Electric Vehicle's general manager, said that the firm will redouble its investment in research and development, and build a team of more than 5,000 workers.

The company is also building overseas research centers in countries including the United States and Germany for research and development of electric vehicles, batteries and vehicle-navigation systems.

"Our electric cars are able to drive a distance of 260 kilometers per charge, but it will not take long before we launch 300-km or even 400-km vehicles," Hao said.

After gaining success in the domestic market, the company is planning to tap the potential into foreign markets such as the US and Spain.

The Beijing-based firm signed agreements earlier this month with Mullen Technologies Inc, an electric-vehicle manufacturer and distributor of high-tech vehicles, and Campos Racing, a Spanish motor racing team, in order to get permits for the distribution of Chinese electric cars.

lvchang@chinadaily.com.cn

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 欧美精品免费线视频观看视频 | 亚洲国产夜色在线观看 | 一级毛片在线免费视频 | 怡红院亚洲怡红院首页 | 国产精品免费视频一区二区三区 | 成人欧美视频 | 欧美视频二区 | 成人精品一区二区三区中文字幕 | 欧美高清视频一区 | 3d动漫精品成人一区二区三 | 怡红院视频在线观看 | 全黄a一级毛片 | 免费观看成人毛片 | 亚洲一区视频在线播放 | 神马最新午夜限制片 | 亚洲狠狠ady亚洲精品大秀 | 日韩欧美中文字幕一区二区三区 | 日韩天天干 | 亚洲大片免费 | 国产成人精品999在线观看 | 久久精品中文字幕免费 | 精品亚洲成a人在线播放 | 亚洲欧美中文日韩在线v日本 | 亚洲在线视频播放 | 久久院线 | 精品国产成人 | 怡红院在线观看视频 | 日本毛片免费看 | a级在线观看 | 免费观看大片毛片 | 一级中国乱子伦视频 | 精品乱人伦一区二区 | 国产精品99r8免费视频2022 | 亚洲国产第一区二区三区 | 九九九九在线精品免费视频 | 久久综合久久自在自线精品自 | 欧美黄色网络 | 亚洲国产视频在线 | 欧美理论在线 | 欧美国产一区二区三区 | 国产精品线在线精品 |