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Li Feng, president of Beiqi Co., Ltd., said in an interview with reporters recently that Changhe Automobile is assigned to the entire vehicle division of BAIC Group, and the vehicle division also includes some production bases in other places, but these arrangements are still in the process of combing.
Beijing Automotive Manufacturing Co., Ltd. (hereinafter referred to as BAIC) was dissociated from BAIC in the past year, and was assigned to the entire vehicle division of BAIC Group with BAIC Yinxiang, BAIC Guangzhou and Beiqi Foton. The addition of Changhe Automobile will further expand the business segment of the entire vehicle division of BAIC Group.
According to the plan of Beiqi Group, Beiqi Automobile Group is the team that is used by the Group for external expansion. For this reason, in October last year, BAIC's limited manufacturing operations were all relocated from Beijing to Huangbei, Hebei, and the base in Beijing's Shunyi was sold to Beiqi. After BAIC reorganized Changhe Automobile, it will continue to expand the scale of Changhe's industry, build a new joint venture base and a strategic base for its own brand, and enable Changhe to achieve production and sales of 1 million complete vehicles. By then, Changhe will become an important southern base for BAIC.