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Beijing New Energy Automobile
BAIC BJEV is an electric vehicle unit of Beijing Automotive Group
About Beijing New Energy Automobile
Beijing New Energy Automobile (BJEV) is the electric vehicle manufacturing subsidiary of the Beijing Automotive Group (BAIC), a major state-owned Chinese automobile manufacturer. The company focuses on the research, development, production, and sales of new energy vehicles, primarily pure electric cars.
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BJEV operates in the competitive Chinese electric vehicle market, targeting consumers looking for environmentally friendly and technologically advanced transportation options. Its business model revolves around the entire lifecycle of electric vehicles, from design and engineering to manufacturing and sales. As a state-backed entity, it likely benefits from government support and incentives for the new energy vehicle sector in China. The company generates revenue through the sale of its electric vehicles to the general public and potentially to fleet operators.
At a glance
- Status
- Operational
- Founded
- 2009
- Headquarters
- Dongcheng District, China
- Listing
- IPO 2018
- Employees
- 943
- Open positions
- 13
- Dealroom signal
- 70.3/100
- Industry
- Transportation
- Sub-industry
- Vehicle Production
- Sector
- Transportation, Automotive, Car, Sustainable Development Goals, Became $1B as Subsidiary, Climate Tech, Electric Mobility, EV Manufacturing, Hard Tech, Became Thoroughbred as Subsidiary
- Technology
- Hardware
- Business model
- Manufacturing
- Client focus
- b2c
- Investment activity
- 1 company, latest Oct 2016
- Capital deployed
- $443K
- Preferred round
- ANGEL
Latest news
Press, funding announcements and product moves mentioning Beijing New Energy Automobile.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| PRIVATE PLACEMENT NON VCOther financing | Jan 2026 | $861M | — | Undisclosed | ↗ |
| POST IPO EQUITYOther financing | Dec 2024 | $0 | — | E-Town Capital · Beijing Infrastructure Investment · CCB Investments · Beijing Municipal Government Investment Guidance Fund | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
| Year | Revenue | Growth | EBITDA | Margin |
|---|---|---|---|---|
| 2026 | $3.8B | 0% | −$346M | -9% |
| 2025 | $3.8B | +92.5% | −$346M | -9% |
| 2024 | $2B | +1.3% | −$483M | -24.2% |
| 2023 | $2B | +50.5% | −$427M | -21.7% |
| 2022 | $1.3B | +9.4% | −$362M | -27.7% |
| 2021 | $1.2B | +64.9% | −$224M | -18.8% |
| 2020 | $725M | — | −$321M | -44.3% |
Growth signals
Latest recorded traffic for Beijing New Energy Automobile is 110K monthly website visits, down 65.6% over the last three months. Beijing New Energy Automobile's team declined 0.3% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
- ZHZhongji Holding
China Cinda Asset Management
Series B and later9 investors entered at this stage
BAIC Group
Mercedes-Benz Group
E-Town Capital- BIBeijing Infrastructure Investment
- CICCB Investments
- BFBeijing Municipal Government Investment Guidance Fund
Pony.ai- BGBeijing Energy Group
- BMBocom Wealth Management
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Beijing New Energy Automobile on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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