BAIC Motor's Ruisheng Motors officially becomes independent, focusing on MPVs

BAIC Motor Corporation announced the official independence of Ruisheng Motor, making it the first dedicated MPV brand in China. Officials stated that they chose the MPV market due to significant market pain points, including the unaffordability of high-priced models, the inconvenience of low-priced models, and a lack of quality options in the 120,000-250,000 yuan price range.