On June 18, Geshi Automobile learned that BAIC Group would reach a strategic cooperation agreement with Ningde Times.
Relevant media reports said that sources revealed that the two sides plan to cooperate in power battery supply, power replacement and introduction of V2G technology, and joint development and application of new CIIC integrated intelligent chassis products.
In response to the above news, BAIC Group told relevant media: “Both sides will make an official announcement today.
“, Photo source: Ningde Times official website.
In addition, BAIC Group has a very profound cooperative relationship with Ningde Times.
, Recently, it has been reported that Ningde Times ‘joint venture battery factory in Beijing has obtained a construction permit.
According to the official website of Beijing City Housing and Construction Commission, the factory is operated by Beijing Times Power Battery Co., Ltd.(Beijing Times), jointly established by Ningde Times, BAIC Hailanxin, Jingneng Technology and Xiaomi Automobile, with a project scale of 15,700 square meters.
Beijing Times established a joint venture company for Ningde Times, BAIC Hailanxin, Jingneng Technology and Xiaomi Automobile, and was registered and established in May this year.
The registered capital is 1 billion yuan, and its business scope mainly includes the development, production and sales of power batteries and energy storage batteries.
The purpose of investing in the construction of a battery cell factory is to provide power battery supply for BAIC Group and Xiaomi Automobile.
, It is reported that Ningde Times holds 51% of the joint venture company, BAIC Hailanxin holds 39%, and Jingneng Technology and Xiaomi Automobile each hold 5%.
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