极狐Arcfox

Who owns Arcfox? The ownership chain, BAIC Group's stake and the 2017 deal

Facts checked Chinese holding 100%

Arcfox is Chinese. It is BAIC's premium electric brand, launched in 2017, and BAIC is owned by the Beijing municipal government. BAIC is also the largest single shareholder of Mercedes-Benz Group, with 9.98%.

Arcfox is held through BAIC BluePark New Energy Technology Co., Ltd., the Shanghai-listed electric-car company BAIC Group controls. BAIC Motor held 38.7% of BAIC BluePark's voting rights as of March 2024; BAIC Group's overall control runs through several entities and the consolidated figure was not verified.

The short answer

Controlled by BAIC Group
Stakenot published
Since2017
Kindbrand
OriginCN
Name in Chinese 极狐 Jíhú “jee-HOO”
Top of the chainBeijing Municipal State-owned Assets Supervision and Administration Commission
Is it Chinese? Yes

The chain, step by step

  1. Beijing Municipal State-owned Assets Supervision and Administration Commission owns BAIC Group at 100%.

    BAIC Group is a municipal state-owned enterprise held by the Beijing city government rather than by the central SASAC. The date the present holding structure took its current form was not verified for this entry.

  2. BAIC Group controls Arcfox since 2017.

    Arcfox is held through BAIC BluePark New Energy Technology Co., Ltd., the Shanghai-listed electric-car company BAIC Group controls. BAIC Motor held 38.7% of BAIC BluePark's voting rights as of March 2024; BAIC Group's overall control runs through several entities and the consolidated figure was not verified.

Every holding above this entity, with the stake and the date it began.
Holder Holds Kind Stake Since
Beijing Municipal State-owned Assets Supervision and Administration Commission BAIC Group owns 100% not published
BAIC Group Arcfox controls controls 2017

Arcfox: questions people ask

Who owns Arcfox?
BAIC Group, through its listed electric-car company BAIC BluePark. BAIC Group itself is owned by the Beijing city government.
What does Arcfox mean in Chinese?
极狐 (Jíhú) means 'arctic fox'. The character 极 means both 'polar' and 'extreme', which the brand's marketing plays on.
Is Arcfox a Huawei car?
No. Arcfox belongs to BAIC. Huawei has supplied driver-assistance technology to Arcfox since 2021, and the two later created a separate joint brand called Stelato, but Arcfox is BAIC's own.
Is Arcfox sold outside China?
No export market was confirmed for this entry; Arcfox's sales are in mainland China.

Related

Sources for Arcfox

  1. Wikipedia, Arcfox. Read . 2017 founding, first model, model list, annual sales 2021-2024, Huawei cooperation
  2. Wikipedia, BAIC BluePark. Read . Listing, shareholders, brand portfolio, September 2021 Huawei cooperation, May 2022 αS HI, February 2025 rename plan
  3. StockAnalysis, BAIC BluePark New Energy Technology Co., Ltd. (SSE: 600733). Read . FY2025 revenue and net loss
  4. Arcfox (BAIC BluePark), ARCFOX 极狐 汽车官方网站. Read . Official site; current model range
  5. Wikipedia, List of automobile manufacturers of China. Read . BAIC Group listed under local-government state ownership with Arcfox, Stelato, Beijing and Foton.
  6. Wikipedia, Mercedes-Benz Group. Read . BAIC's 9.98% of Mercedes-Benz Group.
  7. Wikipedia, BAIC Group. Read . Names the Beijing Municipal Government as owner
  8. Beijing Automotive Group Co., Ltd., 集团简介 (Group profile). Read . BAIC describes itself as a state-owned enterprise