Recently, thanks to the cooperation between BAIC Bluevale and Ningde Times, Jingneng Technology and Xiaomi Automobile The investment in the construction of smart chip manufacturing plants and the first model cooperated with Huawei Smart Select are expected to be officially unveiled at the Beijing Auto Show. The capital market is optimistic that BAIC Bluevale will continue to strengthen and perform well in the A-share market.
With the rapid development of the new energy vehicle market, the high-end brand created by BAIC Bluevale, Jihu Automobile, is expected to continue to maintain a strong growth momentum in the fierce market competition and go fast and far.
Jihu goes fast: sales volume and public praise increase
As a high-end brand created by BAIC Bluevale, in 2023, Jihu Auto's product matrix will be continuously enriched, and new models such as Jihu Alpha S Advanced, Jihu Alpha S/T Forest, Jihu Koala, and Jihu Alpha T5 will be launched in succession. The annual sales of new cars will exceed 30000, with a year-on-year increase of 138%.
At the same time of achieving coverage and expansion of more market segments, Jihu's reputation in the automotive market continues to accumulate, which has become the main driving force for BAIC Bluevale's sales to continue to rise.
In 2024, driven by the concept of "scene based car building", Jihu's car product spectrum is accelerating to refresh. On January 25, BAIC Bluevale launched the polar fox alpha S/T forest version PRO on the basis of the original forest version; Then, BAIC Bluevale began to upgrade the advanced version of Jihu Alpha S, upgrading the intelligent driving system to more advanced HUAWEI ADS 2.0 (high-level intelligent driving assistance system).
On February 24, BAIC Bluevale also carried out the first OTA upgrade for Jihu Alpha T5, unlocked the lane changing function of HWA paddles, and optimized functions such as intelligent parking, human-computer interaction experience and HUD.
It is reported that in the first quarter, BAIC Blue Valley will launch a new model to make the product line younger and continue to enrich the product spectrum to consolidate market share.
Recently, the cooperation between BAIC Bluevale and Huawei Smart Select has become the focus of the market. On March 13, the Ministry of Industry and Information Technology publicized the information on the models declared by enterprises, including the "Huazhang brand" models declared by Beijing New Energy, a subsidiary of BAIC Bluevale, with the words "Enjoying World S9" marked at the tail, which means that the third brand of Huawei's smart selection model, "Enjoying World", is about to be officially launched.
Professionals said that the smart choice brand "Enjoy the World" cooperated with Huawei will bring it advantages in channel services and technical support, with great volume potential, and is expected to further improve the revenue of BAIC Blue Valley Ping, driving the company's profitability to recover.
Jihu Goes Far: Double overweight of group and capital
While accelerating the improvement of the product matrix of Jihu Automobile, BAIC Group also gave full support to the development of Jihu Automobile, actively promoted the success of Jihu, and accelerated the implementation of the Group's new energy strategy.
It is reported that in February this year, BAIC Group held a special conference, and the slogan of "support the development of Jihu with the strength of the group" was spread, which shows that the strategic position of Jihu Auto in the whole group has been greatly improved, and it has become the strategic leading brand of BAIC Group. This also means that the position of Jihu Automobile in BAIC Group will be the same as that of Chang'an Avita and GAC Ai'an. The Group will coordinate all resources to support the development and expansion of Jihu's future market, which makes the outside world full of imagination on the prospects of Jihu Automobile.
On March 13, BAIC Group entrusted all the voting rights and other rights directly held by BAIC Bluevale to BAIC Motor Corporation Limited for exercise. This announcement seems to be a few words, but the amount of information is huge.
The senior personage in the industry said that this trusteeship measure, on the one hand, will improve the water management of BAIC Group's listed companies Equalize the management efficiency, further form the overall joint force, realize the scale expansion and structural optimization, and create the competitive advantage of the industry; On the other hand, it will also bring more abundant, more direct and more powerful resource support to BAIC Blue Valley, including global research, production, supply and marketing industry chain resources Industrial collaboration of important partners helps Jihu Automobile to improve its market competitiveness and achieve scale effect.
In the face of fierce competition and continuous reshuffle in the new energy vehicle market, capital chain security has become the first competitive force beyond products, technologies, brands and marketing. BAIC Blue Valley is backed by The national team has a sense of security unmatched by the new forces. As early as last year, BAIC Group announced that in the next five years, in terms of new energy and intelligent technology research and development Investment of 50 billion yuan The investment will bring more forward-looking technologies to Jihu and help it stand out in the fierce market competition.
Relying on the strong strength and deep foundation of BAIC Group, Jihu Automobile has a solid financial guarantee and strong resource support, which is enough to enable Jihu Automobile to maintain a steady development trend in the fierce market competition and go faster and farther.
Disclaimer: There are risks in the market, so you should be careful! This article is for reference only, not for sale basis.
key word:
