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The group's self-owned brands continued to perform well overall. According to a stock filing by BAIC BluePark, its new energy vehicle (NEV) arm, BAIC BJEV sold 10,280 units in July—a 6.38% year-on-year decline. However, year-to-date sales surged to 77,432 units, nearly doubling from the same period last year with a 98.58% surge.
Sales of BAIC Group's joint ventures totaled around 42,000 units in July. Among them, Beijing Hyundai posted a strong performance with 17,761 vehicles sold during the month, a 41.5% year-on-year spike. Its year-to-date sales stood at about 118,000 units.
BAIC Group also saw significant progress in expanding overseas. Exports reached 23,000 units in July, up 20.5% year-on-year, signaling steady progress in the group's global expansion strategy.
In total, BAIC Group is nearing the one-million-unit mark so far this year, with both its domestic and joint venture brands contributing to overall growth. While the NEV segment posted a slight dip in July sales, the year-to-date figures remain robust, reflecting sustained long-term momentum.
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