Yesterday, the reporter learned from Beijing Automotive Industry Holdings that Beiqi will invest RMB 3.78 billion to develop new energy vehicles within three years.
In recent years, domestic auto companies have increased investment in new energy vehicles . Among them, BYD introduced Buffett's 1.8 billion Hong Kong dollar investment last year. SAIC plans to invest 12 billion yuan in new energy vehicles by 2014. Dongfeng Motor plans to invest 33 billion yuan in 10 years. Among the 3.78 billion yuan included in the investment plan, Beijing Auto will use 1.5 billion yuan for new energy commercial vehicles, 1.7 billion yuan for new energy passenger vehicles and 580 million yuan for key components. Beijing Beiqi official said that in 2010, BAIC will implement the core technology, the new energy battery, on the basis of the newly formed new energy vehicle company last year; at the same time, it will continue to meet the needs of Beijing Futianou V hybrid bus. On the basis of this, Beiqi Foton and Beijing Hyundai shall accelerate the application of new energy technologies to existing models, and conduct demonstration operations as soon as possible.
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