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Beijing Automotive Group: Subsidiary Acquires 40 Battery Swap Stations for RMB129 Million
2025-03-29 /
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Author：小编
Beijing Automotive Group has announced that its wholly-owned subsidiary, BAIC Powertrain, has concluded an asset acquisition agreement with Blue Valley Energy. Under the terms of the agreement, BAIC Powertrain will acquire the equipment and supporting assets of 40 battery swap stations from Blue Valley Energy for a total of RMB129 million. This strategic move is aimed at bolstering the operational stability of battery swapping services in Beijing, enhancing the group's market influence, and ultimately promoting automobile sales.
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