Beijing Auto Industry Corporation was established in 1951 and is the second large-scale automobile enterprise created after the founding of the People's Republic of China. In 1958, the name of the factory was personally inscribed by Comrade Zhu De, the Chairman of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference. It is a pioneer of the Chinese automobile industry and the cradle of Beijing's automobile industry. Over the past 73 years, it has made great contributions to the economic development and national defense construction of the country. The 212 off-road vehicle under its banner has累计 produced and sold 2 million vehicles, influencing several generations of Chinese people and creating a legendary national brand in the Chinese automobile industry.
In 2020, the Beijing Automotive Manufacturing Company underwent a comprehensive capital restructuring and relocated to Qingdao, investing 15.2 billion yuan to build the Qingdao headquarters base. At the same time, core component factories for engines, axles, and frames were constructed. It is a fully qualified vehicle manufacturing enterprise that produces off-road vehicles, light vehicles, passenger cars, military vehicles, and modified vehicles. The business includes design, research and development, production, sales, and services for vehicles and parts. In addition to traditional power sources, it has made a comprehensive layout in pure electric, extended range, and hybrid aspects. The company owns brands such as 212 Off-Road, King Card, Carrot, Yuanbao, and鲸卡, with three production bases in Qingdao, Dezhou, and Huanghua.
In 2023, BAIC Manufacturing officially became the 175th in the world's top 500 companies, and Weiqiao Venture Group, the leading private enterprise in Shandong, is an important part of the new energy vehicle sector.Weiqiao New Energy Automobile has carried out a series of ecological layouts around 'lightweighting, greenization, and intelligence', becoming the only enterprise in the automotive industry that masters the whole aluminum industry chain, striving to enter the first echelon of the Chinese automotive industry in 3 to 5 years.
