BAIC BluePark reported that its new energy vehicle subsidiary, BAIC BJEV, sold 21,871 vehicles in May, an increase of 27.75% compared with the same month last year, supported by strong demand for its ARCFOX and Stelato brands.
The company disclosed that cumulative sales for the first five months of 2026 reached 68,613 units, up 24.39% year-on-year.
Vehicle production grew even faster than sales, rising 56.20% to 20,982 units in May, suggesting improved manufacturing capacity, a recovering supply chain and a growing order pipeline.
ARCFOX Remains Volume Leader
ARCFOX continued to serve as BAIC BluePark’s primary sales driver, delivering 17,943 vehicles in May, an increase of 32.82% from a year earlier.
The brand’s growth has been supported by models including the Alpha S5 and Koala, which compete in China’s mainstream 150,000 yuan to 200,000 yuan vehicle segment.
BAIC BluePark said ARCFOX has continued to improve both operational efficiency and brand recognition as competition intensifies in the domestic new energy vehicle market.
Stelato Emerges as Fast-Growing Premium Brand
Stelato, the premium electric vehicle brand jointly developed with Huawei, delivered 3,418 vehicles in May.
Sales increased 45.32% compared with April, making Stelato one of the fastest-growing brands within BAIC BluePark’s portfolio.
The company attributed the growth partly to expanded manufacturing capacity following a nearly 2 billion yuan upgrade of the Stelato Super Factory, which helped remove production constraints and improve delivery capabilities.
Premium Sedan Success
According to data from the Harmony Intelligent Mobility Alliance (HIMA), cumulative deliveries of the Stelato S9 and Stelato S9T have exceeded 60,000 units.
The two models have ranked as China’s best-selling new energy sedans priced above 300,000 yuan for seven consecutive months since October 2025.
BAIC BluePark said the vehicles maintain an average transaction price of approximately 350,000 yuan, strengthening Stelato’s position in China’s premium vehicle segment and increasing competition with established luxury automotive brands.
Focus Shifts Toward Profitability
With ARCFOX providing sales volume and Stelato supporting higher average selling prices and brand premiums, BAIC BluePark is increasingly emphasizing profitability and cash generation rather than pursuing sales growth alone.
The company believes the combination of expanded production capacity, technology partnerships and premium product offerings will strengthen its market position during the second half of 2026.
Performance over the coming months is expected to provide a clearer indication of whether BAIC BluePark’s strategy of moving further upmarket can deliver sustainable financial returns while maintaining growth in China’s rapidly evolving new energy vehicle sector.