BEIJING – BAIC Motor inaugurated the phase II of its high-end vehicle production base in the city’s Shunyi District on July 15, which enables BAIC to add 150,000 units to its new energy vehicle production capacity.
On the same day, BAIC’s electric vehicle the EU300 rolled off the line from the new phase II plant.
BAIC’s high-end vehicle production base started construction in 2011. The phase I has an annual production capacity of 150,000 vehicles mainly for gasoline-powered Senovas and few new energy vehicle models. With the completion of the phase II project, total output capacity of the high-end base has been increased to 300,000 units which can satisfy the demand to produce eight vehicle models in one manufacturing base and solve the bottleneck in production of NEVs as well.
NEVs are one of BAIC’s important business focuses in its strategic plans. According to a company news report, BAIC has achieved championship in sales of battery electric vehicles in the China market for four consecutive years. Sales of its NEVs in June came to 5,147 units, up 25.5 percent on a yearly basis. Cumulative sales of its NEVs in the first half of the year reached 30,154 units, an increase of 99 percent from 2016.
The EU300 is a new model in the company’s EU series products. It has a long driving range of 300 km under actual operating conditions, and its batteries can be charged or swapped. Using fast charging system, the batteries can be charged to 80 percent full in 30 minutes, while for battery swap, it only takes three minutes to finish the work. As planned, the company will launch more new energy vehicles in the second half of the year, making efforts to realize its NEV sales goal of 170,000 units by the end of the year.