BAIC Blue Valley: BAIC New Energy accumulated sales of 34264 vehicles from January to October, an increase of 76.09% over the same period last year.

CTOnews.com news on November 2, today, BAIC Langu released its subsidiary Beijing New Energy Automobile Co., Ltd. (hereinafter referred to as "BAIC New Energy") to produce and sell KuaiBao in October 2022.

According to the data, BAIC New Energy sold 5569 vehicles in October, compared with 2484 in the same period last year. This year's cumulative sales were 34264, up 76.09 per cent from the same period last year.

In terms of production, BAIC New Energy produced 1840 vehicles in October, compared with 956 vehicles in the same period last year. This year's cumulative output was 14816 vehicles, an increase of 229.61 percent over the same period last year.

CTOnews.com learned that BAIC Langu said that some of the sales include cooperative models jointly developed by Beijing New Energy Automobile Co., Ltd. and Beijing Automobile Co., Ltd., produced by Beijing Automobile Co., Ltd., and sold by Beijing New Energy Automobile Co., Ltd.

According to the data, BAIC New Energy, founded in 2009, is a new energy automobile enterprise initiated and controlled by Beijing Automobile Group Co., Ltd. For comparison, BAIC New Energy sold 4279 vehicles in September, compared with 2450 in the same period last year.