BAIC BJEV is planning to get listed in 2018, aiming to be the first NEV stock on China's securities market. 

The company's General Manager Zheng Gang made the remarks in an interview on Thursday. 

This year, the auto manufacturer aims to raise 8 billion yuan (1.2 billion US dollars) in a Series B financing round. It then will speed up its pace towards the capital market.

In the Series A round last year, the company raised 3 billion yuan (435.4 million US dollars). 

In early 2017, the carmaker gained the approval from the Beijing Municipal Government and the city's State-owned Assets Supervision and Administration Commission for its employee stock ownership program, becoming the first large-scale state-owned enterprise in Beijing that will carry out the reform. 

Regarding the company's new product plan, Zheng said that the automaker will introduce at least five new models in 2017, most of which will feature a range of around 300 kilometers. 

Of them, there will be an electric car that can travel up to 400 kilometers on a charge.

Email: lansuying@nbd.com.cn