China's Beijing Auto new energy unit plans to IPO in 2018 - group chairman

BEIJING, March 6 (Reuters) - Chinese automaker Beijing

Automotive Group's green energy car subsidiary plans

to pursue an initial public offering in 2018, Chairman Xu Heyi

told Reuters on Monday.

Xu made the remarks on the sidelines of China's

parliamentary session underway in Beijing.

(Reporting by Yawen Chen and Jake Spring; editing by David

Clarke)