Industry dynamics

BAIC BJEV Sept. sales plummet from Aug.

Publishtime:1970-01-01 08:00:00 Views:30

Beijing (ZXZC)- BAIC BJEV’s production and sales volume saw an increase in September, compared to the previous year, according to its parent company, BAIC Bluepark.

BAIC BJEV Sept. sales plummet from Aug.

The αT; photo credit: ARCFOX

In September, BAIC BJEV produced 609 vehicles, up 44% from August’s 423 vehicles, and almost tripled (by 175.57%) from a year ago. However, the cumulative production volume for the first nine months this year is still relatively low, at 3,539 vehicles, more than halved year on year.

With 2,450 vehicles sold, the automaker’s September sales volume inched up 9% comparing to last year but dropped 40% month on month. During the first three quarters, the company saw a year-on-year decline of 19.5% in total sales volume, at 16,974 vehicles.

The company’s premium EV brand, ARCFOX, was the star of the month. The brand sold 614 vehicles in September, increasing 53% from August, and maintained a consecutive growth in sales for six months. Its delivery volume of the third quarter this year surged 183% from the previous quarter.

The company’s other brand, BEIJING, plans on seizing market share by facilitating programs like taxi fleets. In addition, the brand will be accelerating its business layout in less-developed cities in China.