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Chinese Carmaker BAIC Enters the Battery Electric Sedan Market
In brief: Chinese automaker Beijing Automotive Industry Holding Co is entering the BEV market with the BE701 all-electric sedan.
Vehicle in the news
Manufacturer: BAIC / Daimler
BAIC started a new subsidiary, called the Beijing New Energy Automotive Company (BNEA) which will focus entirely on clean energy vehicles. Their flagship will be the new BE701.
The electric sedan is part of BAIC's cooperation with Daimler and obviously takes much of its body design from Mercedes-Benz sedans.
Along with the new subsidiary and car's debut came the unveiling of a new $334 million dollar plant which will be capable of producing 50,000 electric vehicles and 100,000 hybrids yearly.
The production BE701 will be capable of 0-100km/h in 15 seconds and have a top speed of 160km/h with a range of 200km per charge. It is expected to begin production in 2011 at 20,000 units or more.
And so ...
The Chinese market is opening up and it could be possible for some of these vehicles to begin entering European and North American markets. Especially joint ventures such as this, since Daimler already has inroads in those sectors.
Photo credits: China Car Times
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