BAIC Group sold 1.54 million units of vehicles last year, achieving revenue of 200.97 billion yuan with a profit of 15.77 billion yuan, and the revenue and profit rank fourth in China's automobile industry, Li said. Lin Yi, executive director of BAIC Motor Electric Vehicle Co Ltd, a wholly owned subsidiary of BAIC Group, said that the company's three models of new electric car s have been produced and some of the cars have been sold to taxi companies, bus companies, and some business partners of BAIC. A total of 300 electric taxi cars have been running in Beijing's suburban regions such as Miyun county and Pinggu district since summer, and the taxis performed well with an average daily route of 120 to 150 km, he said. The company's electric cars have not been sold in the car yards yet, and at least one model of the electric cars will be produced on a large scale and sold to consumers at car yards next year, he said.