BAOJUN ELECTRIC VEHICLES
The GM/SAIC/WULING joint venture, in which GM has a 43% shareholding founded the sub-brand in 2010 to compete in the budget sector with Geely and Chery. Baojun, which means “Treasured Horse” in Chinese is headquartered in Liuzhou, Guangxi Province. The GM/SAIC/Wuling partnership committed to investing $470M in a 200,000 new energy vehicle only plant. The Baojun electric vehicles plant is anticipated to be completed in 2017 and likely to be in Liuzhou and gives a clear indication what the JV’s strategy is for the company.
BAOJUN EV MODELS
BAOJUN EV SALES
Go to our detailed breakdown of Global EV Sales to see how the BAOJUN electric car strategy fares to its competitors in the fast-growing EV market.
BAOJUN ELECTRIC CARS IN THE NEWS
Week 30 2-17 - Baojun to deliver it first EV
In China, the SAIC / GM / Wuling joint venture, Baojun launched its first electric vehicle, the Smart look-alike Baojun E100 city car. GAC also released its much anticipated GAC GE3 SUV BEV. Both vehicles will go on sale in August. The Baojun will sell for CNY35,800 ($5,300) and the GAC GE3 starting at CNY 150,000 ($22,200).
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