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Doris Yu · · 1 min read

Baidu names ex-Fiat Chrysler exec as CEO of its new EV firm with Geely

“Chinese search engine and AI company Baidu has confirmed that Mobike co-founder Xia Yiping will be the chief executive of its new electric vehicle firm, operated in tandem with Geely,” reported Pandaily.

Details:

  • Xia was the co-founder and chief technology officer of bike-sharing startup Mobike, which was acquired by food delivery giant Meituan for US$2.7 billion in 2018. He also served as the head of Fiat Chrysler’s Asia-Pacific smart car association division.
  • The electric vehicles will be sold under a new brand. They will be equipped with Baidu’s infrastructure solutions, including autonomous driving platform Apollo, voice assistance platform DuerOS, and Baidu Maps.

Context:

  • Baidu announced a strategic partnership with Geely in early January. The tech giant will provide intelligent driving capabilities while the latter will contribute its automobile expertise.
  • The search engine said during its Q4 earnings call that it aims to roll out a new EV model in around three years.

Editing by Collin Furtado and September Grace Mahino

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Doris Yu

Doris Yu is a finance and technology writer based in Hong Kong.