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Report: China’s largest electric vehicle producer to list in $4.5 billion deal
Jan 23,2018 16:59CST
company news
Source:SMM
China’s largest electric vehicle producer BAIC BJEV will be listed via asset swap with an estimated market value of 28.8 billion yuan, according to Bloomberg report.

China’s largest electric vehicle producer BAIC BJEV will be listed via asset swap with an estimated market value of 28.8 billion yuan, according to Bloomberg report.

The state-owned company has almost doubled its sales last year to 103,199 units of electric vehicles. Its market share in China also rose to 23% in 2017, from 15% in 2016.

 


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