BAIC BluePark

BAIC BluePark New Energy Technology Co., Ltd.
Native name	北汽蓝谷新能源科技股份有限公司
Company type	State-owned enterprise, subsidiary
Traded as	SSE: 600733
Industry	Automotive
Founded	2009; 15 years ago (As BAIC BJEV)
Headquarters	Beijing Economic-Technological Development Area, Beijing, China
Area served	Worldwide
Owner	BAIC Motor (38.7%) Mercedes-Benz Investment China (2.69%)
Parent	BAIC Group
Website	https://www.bjev.com.cn

BAIC BluePark (Chinese: 北汽蓝谷) is BAIC Group's subsidiary mainly engaged in the design, research and development and sales of electric automobiles. BAIC BluePark was restructured from its current subsidiary, Beijing Electric Vehicle Co., Ltd. (BAIC BJEV). The company currently operate the brands of Stelato, Arcfox and EV models of Beijing brand.^[1]

History

In 2009, the BAIC Group established a subsidiary, Beijing Electric Vehicle Co., Ltd. (BJEV). It is the first independently operated electric vehicle manufacture of China, and the enterprise in China to obtain the qualification for the production of new energy vehicles.^[2]

Between 2010 and 2014, BJEV is a subsidiary of BAIC Motor, but it was put back under direct control of BAIC Group again prior to BAIC Motor's listing. The company is renamed to Beijing New Energy Automobile Co Ltd (BAIC BJEV).^[3]

In 2018, the BAIC BJEV is set to go public through a backdoor listing on the A-share market in China. The company was renamed to "BAIC BluePark New Energy Technology Co., Ltd. (BAIC BluePark)". BAIC BJEV was reconstructed and became a subsidiary of BAIC BluePark.^[4]

In December 2019 Beijing BluePark expands an existing cooperation with global automotive supplier Magna International (based in Canada) to a full fletched joint venture, using BAIC Zhenjiang as the donor company. It was renamed as BAIC BluePark Magna Automobile and would be responsible for manufacturing premium electric vehicles under the Arcfox brand.^[5]

In September 2021, BAIC BluePark and Huawei made a joint statement, that two companies would collaborate on building intelligent electric vehicle under Arcfox brand.

In May 2022, BAIC BluePark launched the Arcfox α-S HI version under the "Huawei Inside" mode. Huawei empowers the vehicle intelligence through the supply of both software and hardware.^[6]

In August 2023, BAIC BluePark issued an announcement that it would extend cooperation with Huawei Consumer Business Group to build a high-end intelligent electric sedan.^[7]

In December 2023, according to an announcement made by the China National Intellectual Property Administration (CNIPA), Huawei has transferred multiple trademarks called "STELATO" to BAIC BJEV, the English name of the Huawei-BAIC collaboration brand under Harmony Intelligent Mobility Alliance (HIMA), similar to AITO and Luxeed.^[8]^[9]

In March 2024, BAIC BluePark announced that the BAIC Group, it's controlling shareholder, entrusted all the voting rights and shares of BAIC BluePark to BAIC Motor. After this share trusteeship, BAIC Motor actually controls approximately 38.70% of the voting rights of BAIC BluePark and the direct controlling shareholder are changed from BAIC Group to BAIC Motor. The company will still be indirectly controlled by BAIC Group, and the actual controller of the company are still the State-owned Assets Supervision and Administration Commission of Beijing Municipal Government.^[10]

Products

Arcfox

Arcfox (极狐汽车) is BAIC's premium EV brand operated by BAIC BluePark, established in 2017.

Stelato

Stelato (Chinese: 享界) is the brand Huawei collaborates with BAIC BluePark, a subsidiary of BAIC Group.

Stelato S9 (to commence), full-size sedan, BEV

Stelato S9

BJEV/Beijing (EV models)

With the Beijing Electric Vehicle Co., Ltd. (BAIC BJEV) was reconsolidated into BAIC BluePark, the battery electric vehicle of Beijing brand, like Beijing EU5, Beijing EU7, are also operated by BAIC BluePark at present.