BAIC GROUP UNVEILS MAY PERFORMANCE: FLOOD OF NEW PRODUCT LAUNCHES, ARCFOX YEAR-ON-YEAR GROWTH SURPASSES 200%

BAIC GROUP recently announced its operational performance for May. In May this year, ARCFOX achieved continuous exponential growth in sales, while Beijing Hyundai sales continued to climb. In the commercial vehicle segment, BAIC Foton set another record in the light-duty truck industry. BAIC GROUP’s self-owned passenger vehicles saw overseas market growth nearly double year-on-year. With the launch of a range of new products such as the ARCFOX αS Pioneer Edition, the all-new EQE pure electric SUV, and Beijing heavy-duty trucks, BAIC GROUP is maintaining a steady pace of high-quality development.

In May this year, ARCFOX saw a year-on-year sales growth of 209%, with all models achieving an increase of over 100%, maintaining a stable growth trend since the start of the year.

At the same time, fuel product sales from the Beijing brand, such as the new X7 and X55 II, saw a year-on-year increase of 114.53% and a month-on-month increase of 30.32%. Pure electric products increased by 36.34% year-on-year. Sales of off-road vehicle products grew by 27.69% year-on-year and 4.76% month-on-month. The global market saw a year-on-year growth of 96.97% and a month-on-month growth of 6.34%.

In May, BAIC Foton's sales reached 46,100 units, a year-on-year increase of 15.2%. New energy product sales were 2,403 units, a year-on-year increase of 107.77%. Its subsidiary reached a milestone of 6 million units off the line, setting another record in the light-duty truck industry.

Beijing Hyundai continued its sales climb in May, with a year-on-year increase of 86%. Among these, the sales of the seventh-generation Elantra were 11,300 units, a year-on-year increase of 154%; the "SUV Twins," the fifth-generation Tucson L and the all-new ix35, had sales of 9,155 units, a year-on-year increase of 128%. Meanwhile, Beijing Benz deliveries once again broke through 51,000 units, a year-on-year increase of 36.77%.

In May of this year, BAIC's self-owned, joint venture, and commercial vehicle divisions all welcomed the launch of new vehicles.

Among these, the ARCFOX αS Pioneer Edition boasts a 0-100 km/h acceleration time in just 3.5 seconds. It is equipped with NCA intelligent driving, a "cage-style" steel-aluminum mixed body, and 800V high-voltage supercharging. It received the highest "five-star" safety rating in the strictest-ever 2021 edition of C-NCAP（China-New Car Assessment Program）.

The brand-new generation of mid-high part Beijing heavy-duty trucks leads with a “high quality, low cost” strategy. The quality of its products is 20%-40% higher than similar products, with the annual number of breakdown days less than 5.3. Its comprehensive fuel consumption is 5%-10% lower than similar products, saving users 30,000-50,000 yuan each year.

Furthermore, under the cooperation of its Chinese and Korean shareholders, Beijing Hyundai has strengthened its confidence in development and is enhancing its market competitiveness. Its all-new "Smart Home SUV" MUFASA is set to launch in mid-June.

In recent years, BAIC GROUP has formed industry-leading applications in key technology areas such as power systems, hydrogen fuel, intelligent connectivity, vehicle architecture, and off-road chassis, and its technological innovation strength has continuously been recognized by the industry.

In May this year, the project "Key Technologies and Applications for AMT Heavy Commercial Vehicle Development Test for Complex Scenarios", nominated by BAIC GROUP and led by BAIC Foton, won the second prize in the 2022 Annual Automotive Engineering Society Science and Technology Award. In the CCRT evaluation, the ARCFOX αS Pioneer Edition scored 99.8 points to win the A-level evaluation in the "Assisted Driving" category, ranking first among all vehicles tested for "Assisted Driving". BAIC won the national four-wheel drive GROUP championship in the 2023 China Taklimakan Rally, achieving a "Four Consecutive Championships".

BAIC GROUP is pushing full throttle towards its “mid-year targets”, continuously creating value for customers and contributing significantly to the rapid construction of a modern industrial system.