Formerly | Senova | ||||
---|---|---|---|---|---|
Company type | Public | ||||
| |||||
ISIN | CNE100001TJ4 | ||||
Industry | Automotive | ||||
Founded | 2010 | ||||
Headquarters | , China | ||||
Area served | Worldwide | ||||
Key people | Zhang Xiyong (GM) Heyi Xu (Chairman & Secretary of the Party Committee) | ||||
Revenue | US$26,850,148 (2023) | ||||
300,518 (2023) | |||||
Total assets | 23,438,925 (2023) | ||||
Number of employees | 31,236 (2024) | ||||
Parent | BAIC Group | ||||
Rating |
| ||||
Website | baicmotor.com |
BAIC Motor Corporation Limited | |||||||
---|---|---|---|---|---|---|---|
Simplified Chinese | 北京汽车股份有限公司 | ||||||
Traditional Chinese | 北京汽車股份有限公司 | ||||||
Literal meaning | Beijing Motor Joint-stock Limited Corporation | ||||||
| |||||||
BAIC Motor | |||||||
Simplified Chinese | 北京汽车 | ||||||
Traditional Chinese | 北京汽車 | ||||||
Literal meaning | Beijing Motor | ||||||
|
BAIC Motor Corporation Limited is a Chinese automaker headquartered in Beijing. The H shares (foreigner share in offshore market) of the company were traded in the Hong Kong Stock Exchange. It was part of BAIC Group,itself a subsidiary of Beijing Municipal Government.
BAIC Motor was incorporated in 2010 as a sub-holding company of BAIC Group. [2] It became a listed company in December 2014. [3]
The firm announced plans,in March 2015,to extend its partnership with Daimler AG by taking a 35 percent stake in Mercedes-Benz Leasing,a leasing company incorporated in China. [4]
Beijing is BAIC Motor's major brand,revived in 2020 after BAIC Group discontinued its Senova brand. All the former Senova vehicles were renamed to Beijing brand since then. [5] The current Beijing models badged in English name "BEIJING".
Beijing Hyundai Motor Co.,Ltd. is an automobile manufacturing company headquartered in Beijing,China,and is a 50:50 joint-venture between BAIC and Hyundai Motor Company. Established in 2002,it manufactures in Shunyi District,a satellite city of Beijing,producing Hyundai-branded automobiles for the Chinese market. [6] New models designed for the Chinese market are due to appear. [7]
As of 2010,Beijing Benz,a BAIC joint venture with German automaker Daimler AG,makes the Mercedes-Benz C-Class and E-Class models for sale in China and seeks to make more of the models it sells in China locally. [8]
As of 31 December 2016 [update] [9] : 15 : 49
Rank | Name | Chinese name | Percentage | Footnotes |
---|---|---|---|---|
1 | BAIC Group | 北汽集团 | 44.98% | State-owned enterprise,Beijing Municipal Government was controlling shareholder |
2 | Shougang "Shares" | 首钢股份 | 13.54% | Shanghai-listed company,Beijing Municipal Government was indirect controlling shareholder |
3 | Daimler AG | 9.55% | Frankfurt-listed company,shareholder of Beijing Benz | |
Sub-total | 68.6% | |||
4 | Shenzhen Benyuan Jinghong Equity Investment Fund | 本源晶鸿基金 | 4.50% | A share owner;partially owned by BAIC Capital (of BAIC Group) as limited partner [10] |
5 | Easy Smart Limited | 易穎有限公司 | 3.67% | H share owner,Cayman Islands incorporated;subsidiary of China Aerospace Investment Holdings (CASC Group) [11] [12] |
N/A | other H share owners | 13.91% | ||
N/A | other A share owners | 9.32% | ||
Total | 100% |
Mercedes-Benz Group AG is a German multinational automotive company headquartered in Stuttgart,Baden-Württemberg,Germany. It is one of the world's leading car manufacturers. Daimler-Benz was formed with the merger of Benz &Cie.,the world's oldest car company,and Daimler Motoren Gesellschaft in 1926. The company was renamed DaimlerChrysler upon the acquisition of the American automobile manufacturer,Chrysler Corporation in 1998,it was renamed to Daimler upon the divestment of Chrysler in 2007. In 2021,Daimler was the second-largest German automaker and the sixth-largest worldwide by production. In February 2022,Daimler was renamed Mercedes-Benz Group as part of a transaction that spun-off its commercial vehicle segment as an independent company,Daimler Truck.
The automotive industry comprises a wide range of companies and organizations involved in the design,development,manufacturing,marketing,selling,repairing,and modification of motor vehicles. It is one of the world's largest industries by revenue.
A luxury car is a car that provides above-average to high-end levels of comfort,features,and equipment. Often,more expensive materials and surface finishes are used,and buyers expect better build quality. The usually higher pricing and more upscale appearance are often associated with the users' higher social status compared to low- and mid-market segment cars.
Landwind was an automobile marque owned by the Chinese automaker Jiangling Motor Holding (JMH),a joint venture between Jiangxi Guokong Automotive Investment Corporation (50%),Jiangling Motors Corporation Group (25%) and Changan Automobile (25%).
Beijing Benz is an automotive manufacturing company headquartered in Beijing,China,and a joint venture between BAIC Motor and Mercedes-Benz Group.
Auto Shanghai,officially known as the Shanghai International Automobile Industry Exhibition,is a biennial international automobile show that alternates with the Beijing Auto Show as China's yearly international automotive exhibition. First held in 1985,Auto Shanghai is the nation's oldest auto exhibition,and is considered as an important major international auto show.
JAC Group is a Chinese automobile and commercial vehicle manufacturer. The company is based in Hefei,Anhui Province,China.
Mercedes-Benz,commonly referred to simply as Mercedes and occasionally as Benz,is a German luxury and commercial vehicle brand that was founded in 1926. Mercedes-Benz AG is based in Stuttgart,Baden-Württemberg,Germany. Mercedes-Benz AG manufactures luxury vehicles and light commercial vehicles,all branded under the Mercedes-Benz name. From November 2019 onwards,the production of Mercedes-Benz-branded heavy commercial vehicles has been managed by Daimler Truck,which separated from the Mercedes-Benz Group to form an independent entity at the end of 2021.
Beijing Automotive Group Co.,Ltd. is a Chinese state-owned automobile manufacturer headquartered in Shunyi,Beijing. Founded in 1958,it is the sixth largest automobile manufacturer in China,with 1.723 million sales in 2021.
Smart is a German automotive marque established in 1994. Smart Automobile Co.,Ltd. is a joint venture established by Mercedes-Benz AG and Zhejiang Geely Holding Group in 2019 and aimed at producing Smart-badged cars in China to be marketed globally. The venture is headquartered in Ningbo. Originally,the marque was known for producing microcars and subcompacts,primarily the Fortwo and Forfour,at Smartville in Hambach,Moselle,France and additionally at Renault's Revoz plant. It now produces small battery electric vehicles at a manufacturing plant in China,with distribution,marketing and aftersales activities in Europe handled by Smart Europe GmbH,which is headquartered in Stuttgart,Germany.
Hawtai is a Chinese automotive manufacturing company headquartered in Beijing,with production facilities in Ordos,Inner Mongolia,and Rongcheng,Shandong. Selling cars and SUVs under the Hawtai brand,from 2002 to 2010 the company had a joint venture or other form of legal cooperation with Hyundai Motors that manufactured Hyundai-brand passenger cars for the mainland China market;Hawtai continues to use some Hyundai technology today.
The automotive industry in South Korea is the fifth-largest in the world as measured by automobile unit production and also the five-largest by automobile export volume.
Shenzhen Denza New Energy Co.,Ltd.,trading as Denza,is an automobile manufacturing company and brand owned by BYD Auto Industry. The brand produces premium plug-in electric vehicles.
Senova is a defunct automobile marque owned by the Chinese automaker BAIC Motor,itself a subsidiary of BAIC Group. It was launched in March 2012.
Mercedes-EQ is a series of battery electric vehicles manufactured by Mercedes-Benz. The first model was previewed at the Paris Motor Show in 2016 with the Generation EQ concept vehicle. Mercedes-Benz intends to produce ten EQ models by 2022,three of which will have the Smart brand,representing between 15% and 25% of the company's global sales. All of Mercedes-Benz electric vehicle design and production efforts will target the EQ family.
The Beijing U5 or previously the Senova D50 is a compact sedan produced by BAIC under the Senova brand and later the Beijing brand. The electric version is called the EU5,and was branded as the BJEV or BAIC EU5 before being rebadged as the Beijing EU5. The U5 and EU5 both received a facelift in 2021 and was renamed to U5 plus and EU5 Plus sold under the Beijing brand.
The Senova X65 is a compact crossover SUV produced by Senova,a sub-brand of BAIC Motor. The Senova X65 debuted on the 2014 Guangzhou Auto Show in November 2014 as Senova's first CUV and was available on the Chinese market in March 2015 with prices ranging from 98,000 yuan to 149,800 yuan,positioning the crossover above the later revealed compact Senova X55 CUV.
Sehol or previously,Sol,is a Chinese car brand launched on April 24,2018 by a SEAT and JAC Volkswagen Automotive Co.,Ltd. joint venture.
The Mercedes-Benz EQB (X243) is a seven-seat battery electric compact luxury crossover SUV produced by the German automobile manufacturer Mercedes-Benz from 2021.
BAIC BluePark is BAIC Group's subsidiary mainly engaged in the design,research and development and sales of electric automobiles. BAIC BluePark was restructured from its current subsidiary,Beijing Electric Vehicle Co.,Ltd.. The company currently operate the brands of Stelato,Arcfox and EV models of Beijing brand.