FOTON(SH:600166) Bei Jing Shang Bao·2025-09-04 16:11Core Viewpoint - Beijing Automotive Group (BAIC Group) is making significant advancements in key technology areas, aiming for small-scale demonstration operations of all-solid-state batteries by 2027 and planning to mass-produce Robotaxi models for commercial use in multiple cities [1][2]. Group 1: Technological Development - BAIC Group is focusing on both solid-state and semi-solid batteries, with plans to complete product development for semi-solid batteries by next year and to validate all-solid-state battery systems in vehicles by 2024 [1][3]. - The company is collaborating with Huawei to develop advanced driving assistance systems, with the first models equipped with Huawei ADS 4.0 expected to launch soon [2][3]. - BAIC Group is also developing a new generation skateboard platform to facilitate mass production of high-level intelligent vehicles [2]. Group 2: Market Performance - In the first half of the year, BAIC New Energy sold 67,200 vehicles, marking a nearly 140% year-on-year increase [3]. - The company has invested 2 billion yuan to establish a new energy vehicle testing center to ensure product performance stability [3]. - BAIC New Energy aims to achieve annual sales of 500,000 vehicles by 2027 [3]. Group 3: Research and Development Investment - From 2024 to 2030, BAIC Group plans to invest over 100 billion yuan in research and development, focusing on solid-state batteries, hydrogen energy, and autonomous driving technologies [3]. - The company has applied for approximately 39,000 patents, with over 40% being invention patents, and has received numerous awards for its core technologies [3]. Group 4: Industry Context - The current transition in the new energy vehicle industry is characterized by a shift from vehicle intelligence to energy system revolution, which is seen as a strategic focus for major automotive companies [4]. - BAIC Group's systematic technological innovation capabilities in battery and intelligent driving sectors are viewed as essential for its long-term development [4].