Beijing Auto Group is really moving! Beijing to stop selling fuel vehicles in 2020

In 2009, Beijing Automotive Group officially established Beiqi New Energy Company and devoted itself to the field of pure electric vehicles. Currently, there are 10 models of pure electric passenger cars with EH, EU, EX, EV, EC, and LITE series of six models. In 2017, BAIC New Energy sold 103,199 vehicles, an increase of 97.7% year-on-year. Recently, Beijing Automotive Group Secretary of the Party Committee and Chairman Xu Heyi said in a meeting with Li Anding, president of the online auto market that in 2020, BAIC will stop selling fuel vehicles in Beijing and sell all electric vehicles. By 2025, BAIC will stop sales of fuel vehicles in the national market, with the exception of civil-military integration and special vehicles.

Out of the political status of the capital, Beijing Automotive has taken the lead in energetically advancing new energy vehicles, and it is imperative to set an example, Xu Heyi said. From a time point of view, Beijing Auto’s time to fully popularize new energy vehicles in Beijing is 5 years ahead of Chang’an’s previous mention of 2025.

The ability of BAIC to confidently adopt new energy vehicles in a short period of time stems from its dazzling performance in the market in the past two years. In 2017, the sales of BAIC New Energy reached 103,199 units, an increase of 97.7% year-on-year, and won the championship in domestic pure electric vehicle market for five consecutive years. Throughout 2017, it is expected that the market share of pure electric vehicles in China will reach 23%. From January to November of the same year, BAIC New Energy ranked first among the three main pure electric vehicle markets, namely the A00-class sedan, the A0 sedan, and the A0-class SUV.

In addition to continuously launching new products to ensure continued sales growth, BAIC New Energy is also actively seeking partners to promote the long-term development of new energy vehicles. In April 2017, under the joint witness of Chinese Premier Li Keqiang and German Chancellor Angela Merkel, Daimler AG and Beijing Automotive Group Co., Ltd. signed a framework agreement. According to the agreement, Daimler strategically invested in Beijing New Energy Automobile Co., Ltd. to strengthen the R&D and production of pure electric vehicles. Both parties agreed to use BAIC's new energy power technology and Mercedes-Benz's vehicle platform to obtain first-hand experience of electric vehicles featured in the Chinese market.