In June, Jihux sales exceeded 8,000 units, with a year-on-year growth rate of up to 314.77%.
Recently, BAIC New Energy once again became the focus of the market with its impressive results. In the first half of 2024, its Jihux brand sales rose sharply. At the same time, its performance in the capital market is also well known, with BAIC Bluepark New Energy Technology (600733.SH) stock price rising by 40% in the past month.
According to the Intelligent Finance APP, Jihux's sales have maintained a high growth rate in the past two months. In May, Jihux recorded a historic high with sales of 4,500 units, a year-on-year increase of 298%. In June, Jihux's sales exceeded 8,000 units, with a year-on-year growth rate of up to 314.77%, outperforming the large-cap market and providing strong support for promoting the overall development of BAIC New Energy, expanding market share, and continuing to grow.
On June 15th, Jihux Alpha S5 was officially launched, with its dynamic appearance, spacious interior, extreme performance, intelligent cockpit and clean and healthy features, as well as competitive price, gaining wide attention in the market.
Alpha S5 is just an example of BAIC New Energy's long-term strategy to create high-quality pure electric vehicles.
In recent years, BAIC New Energy has cooperated with Magna to build a world-class manufacturing plant and a world-class testing and validation center for Jihux series vehicles. In terms of car intelligence, BAIC New Energy has teamed up with Huawei to become the first car company to implement the dual-mode cooperation of "HI+ Smart Choice". BAIC New Energy has also entered the first batch of national intelligent connected vehicle access and road test pilot joint list.
In addition to cooperating with world-class partners, BAIC New Energy has also made simultaneous efforts in product, marketing and service network to further promote market growth this year.
In terms of products, BAIC New Energy has launched the Jihux Alpha S pre-sale version PRO, and new products such as the Enjoy S9 and Kala five-seater will be launched in the second half of the year.
In terms of marketing, Jihux has cooperated with "Travel with Hui" many times, not only successfully attracting over 100 million attention, but also effectively attracting and converting potential customers through the combination of online and offline channels.
In terms of expanding channels and services, this year BAIC New Energy plans to expand its marketing service network from 244 at the end of 2023 to 300. It is expected to cover more than 100 cities by 2025, and have more than 380 service outlets. In addition, BAIC New Energy plans to build about 300 super charging stations, covering China's major urban areas, and significantly enhancing its overall service capabilities.