Has BAIC New Energy Stopped Production?
3 Answers
BAIC New Energy has not stopped production. Below is more information about new energy vehicles: 1. Overview: New energy vehicles refer to automobiles that use unconventional vehicle fuels as power sources (or use conventional vehicle fuels with new types of on-board power devices), integrating advanced technologies in vehicle power control and driving, resulting in advanced technical principles and featuring new technologies and structures. 2. Others: New energy vehicles include pure electric vehicles, range-extended electric vehicles, hybrid vehicles, hydrogen engine vehicles, etc. Among them, pure electric vehicles are those that use a single battery as the energy storage power source.
I previously followed the developments of BAIC New Energy. At the beginning of 2024, they indeed suspended production lines for models like the Arcfox and Mofang, leaving many workstations vacant at their Beijing factory. Sales plummeted severely in the first half of the year, with only about 2,000 units sold per month—keeping the production lines running was losing money. They are now fully focused on the Xiangjie project in collaboration with Huawei, and it's said that the new model won't start production until the end of the year. Currently, most of the new car reservation pages on their official website are grayed out, though you can still see last year's Arcfox models running on Beijing roads. If you're considering buying a car, it might be worth waiting to see the direction they take after their adjustments in the second half of the year.
My friend works in Yizhuang and mentioned that it's eerily quiet when passing by the BAIC New Energy factory. Last week, when I went to the dealership for maintenance on my old EU5, the salesperson privately revealed that they're currently focused on clearing out inventory cars. The showroom has half as many new cars as before, and the sales staff are all promoting hybrid models. The after-sales service is still operating normally, and the upgrade of my car's infotainment system wasn't affected. Their warehouse is stocked with many battery packs produced last year, giving the impression that they're preparing for a major transformation. Rumor has it they're testing a high-voltage fast-charging platform, and the next model they release might be capable of charging for ten minutes to run 400 kilometers.
