Which country does ARCFOX belong to?
1 Answers
ARCFOX is a Chinese automotive brand. ARCFOX is a premium new energy vehicle brand established by BAIC New Energy, themed around the Arctic. The name 'ARC' is derived from the English word 'Arctic,' and 'FOX' refers to the Arctic fox. The ARCFOX brand, under the BAIC Group, was founded in 2016. The ARCFOX brand is owned by BluePark Magna, a joint venture between BAIC BluePark and Magna. Although it is a Chinese domestic brand, it operates as a joint venture factory, with shareholding proportions of 51:49 between the two parties. BAIC BluePark is responsible for procurement, marketing, and distribution channels, while Magna handles production and manufacturing. Currently, ARCFOX offers three models for sale: the Alpha S New HI Edition, Alpha S, and Alpha T. Brand Development Timeline: 2016: BAIC New Energy launched ARCFOX. 2017: The concept version of the first model debuted at the Beijing Auto Show. July 2019: BAIC Group and Magna formed a joint venture to co-develop ARCFOX. October 24, 2020: The first mass-produced vehicle from ARCFOX, the ARCFOX αT, was officially launched. April 2021: ARCFOX also collaborated with Huawei to introduce the new Alpha S Huawei HI Edition.