"We are currently developing a moderate hybrid for military use, a full hybrid SUV for civilians and a mild hybrid engineering vehicle," said Wang Dazong, general manager of Beijing Auto, at an industry event in Beijing according to gasgoo.com.
Furthermore, BAIC might also begin production of the old Saab 9-5 and sell it as a rebadged model in the domestic market.
BAIC recently became a minority shareholder in Koenigsegg Group that would allow the Chinese carmaker to move some part of Saab's production process in the domestic market.
"This is an important step on the road to a new SAAB Automobile. We have a solid business plan, an important partnership and we are now in a position to go ahead without any governmental financing," said Christian von Koenigsegg, CEO of Koenigsegg Group AB.
Additionally, the Chinese manufacturer wants to expand its products in Europe and recently confirmed plans to build a new production facility in Lithuania. After being linked with numerous acquisitions in Europe, including Volvo and Saab, the Chinese carmaker is now planning to get a larger market share in the Old Continent on its own.
"Beijing Automotive Industry Holding hopes to enter the European market both in terms of logistics and production and trade," said, according to gasgoo.com, Daumantas Lapinskas, an aide to Lithuanian Economy Minister Dainius Kreivys. "The company sees Lithuania as a potential partner and will explore the market."
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