On June 27, BAIC and Huachen Group formally signed a strategic cooperation framework agreement on the 10th APEC SME Technology Exchange and Exhibition.
According to the agreement, BAIC and Brilliance will cooperate in new energy official vehicles, taxis, network vehicles, private cars, express logistics vehicles and time-sharing leases, and jointly commit to the demonstration and promotion of new energy vehicles in Shenyang and even in the Northeast market. , The future will further expand to the national market.
In addition, the two parties will also share resources in areas such as product development, manufacturing, charging and exchanging facilities, and capital operation. They also intend to discuss the establishment of a joint venture to deepen strategic cooperation in an all-round way.
Xu Heyi, chairman of BAIC Group, stated: 'The strategic cooperation between BAIC and Brilliance is a major move by BAIC to implement an open and sharing strategy to fully promote the new energy automotive industry 2.0, which will give full play to both industry and resource advantages, and provide new energy for the Northeast and even the whole country. Automotive promotion provides quality and efficient total solutions.
Brilliance Group Chairman Yu Yumin said: 'In the future, Brilliance Group and Beijing Automotive Group will accelerate the landing of the project, starting from the taxi and the network to achieve product localization.'