BAIC Group and JAC Motors Join Forces with Huawei, Earmarking 11.3 Billion Yuan for New Product Development Amidst Combined Annual Losses Exceeding 6 Billion Yuan
2026-01-20 / Read about 0 minute
Author:小编   

Recently, BAIC BluePark and JAC Motors both issued their 2025 performance pre-loss announcements, revealing a staggering combined loss of over 6 billion yuan. In response to these financial headwinds, the two automotive giants have intensified their strategic partnership with Huawei, with plans to invest a substantial sum of at least 11.3 billion yuan in the development of innovative products. Specifically, BAIC BluePark anticipates incurring a loss in the range of 4.35 billion to 4.65 billion yuan, despite experiencing a notable 84.06% year-on-year surge in sales volume. Meanwhile, JAC Motors is bracing for a loss of approximately 1.68 billion yuan, a figure influenced by the prevailing international landscape and losses stemming from its affiliated enterprises.