BAIC BJEV will sell 2,125 units in January 2023

Beijing (Gusgou)- Beijing-based new energy vehicle maker BAIC BJEV sold 2,125 units in January 2023, up 0.14% year-on-year, according to parent company BAIC BluePark on February 3.

Photo credit: ARCFOX

In the first month of this year, BAIC BJEV produced 914 vehicles, down 11.35% year-on-year.

BAIC BluePark has two major wholly-owned passenger vehicle brands, the ARCFOX premium electric vehicle brand and the BEIJING brand, both of which sell new energy vehicles and oil-fueled vehicles. Most notably, his ARCFOX car sales in 2022 increased by 110% year-over-year.

On January 30, 2023, BAIC BluePark announced its forecast of financial results for 2022. The net loss attributable to the company’s shareholders is expected to rise from 5.2 billion yuan to 5.8 billion yuan ($770 million to $859 million) in 2022. Net loss in 2021 is 5.24 billion yuan ($776 million).

External factors such as rising prices for upstream power battery raw materials weighed on BAIC BluePark’s profitability, the company said. And the company’s product sales still had a lot of potential, and the impact of scale remained muted. At the same time, to strengthen the automaker’s core competitiveness and market presence, BAIC BluePark will continue to invest in technology R&D and brand channel building, all of which will affect the company’s financial performance in 2022. gave