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Economy

BAIC sets up U.S. research center

1
2015-08-31 14:49China Daily Editor: Si Huan

BAIC Motor has established a research facility dedicated to new-energy vehicles in Silicon Valley in the United States. The facility employs 20 engineers and is planning to roll out four to six models each year.

BAIC hopes the research center will help China's new-energy vehicle sales in overseas markets. The automaker plans to have annual production of 200,000 new-energy vehicles by 2020, with 30 percent of them sold in global markets.

BAIC is now the largest shareholder of US electric car designer Atieva. It is reported that the first model that BAIC is working on with Atieva will make its debut at the Beijing Auto Show in 2016.

  

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