BAIC Heavy Duty Trucks Co., Ltd. was established on Oct. 29, 2021, as the heavy-duty commercial vehicle subsidiary of BAIC Group aiming to compete in the global market, BAIC Trucks is on equal footing with Foton and is positioned as the commercial vehicle base of BAIC Group for its market strategy in South China, owning not only independent procurement, R&D, manufacturing, sales, and financing, but also access to BAIC Group’s resources. NEXTAR – the product brand rolled out by BAIC Trucks in benchmark to world-leading heavy-duty truck brands was launched into the market in May 2023, dedicates to compete in the premium heavy-duty truck segment to consolidate BAIC Trucks’ position in the global market.