Geely

Volvo Cars and Geely Auto, both owned by Zhejiang Geely Holding Group, will maintain their separate corporate structures. (Source: Geely) Volvo Cars and Geely Auto have canceled plans for a full merger, instead announcing areas of cooperation on electrification, software development and autonomous-driving technology to lower costs. The businesses, both…

(Image credit: TechNode/Xuewen Song) Licensed online banks belonging to Tencent and Ant Group will reportedly take part in digital yuan pilot tests, while another bank is developing a biometric hardware wallet for the digital currency. Geely, one of China’s largest automakers, is entering the blockchain space, and a Chinese tea…

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. “Mr. Xia Yiping is an honorary graduate and an outstanding alumni of the School of Computer Science and Electronic Engineering…

Geely will establish an independent subsidiary, Lingling Technologies, this year to develop and manage its EV models. (Source: Geely) Zhejiang Geely Holding Group is planning to set up a separate unit to explore product development, marketing and sales of electric cars, Reuters reported citing people familiar with the matter. The…

In this episode of China Money Podcast, listen to all the news headlines in the China venture investment and tech sector for the week ending February 19. Matoka Capital’s Danny Levinson sits in as guest host, and topics covered include private equity and venture capital deals done this past week…

In early January, Baidu announced a strategic partnership with Geely aimed at manufacturing electric vehicles. (Source: Baidu) Chinese search engine and AI company Baidu has hired Xia Yiping, the co-founder of bike-sharing firm Mobike to be the chief executive of its new electric car company, operating in tandem with automobile…

No results matched your search EconomyFeb 19, 2021 12:15AM ET © Reuters. FILE PHOTO: A building of the Geely Auto Research Institute is seen in Ningbo By Yilei Sun and Brenda Goh SHANGHAI (Reuters) - China's Geely plans to set up a firm to explore new approaches to product planning,…

Geely Technology’s satellite factory was approved The satellite factory of Geely Technology Group, Taizhou Xingkong Zhilian, has obtained the approval of the commercial satellite manufacturing project approved by the National Development and Reform Commission. The first equipment of the Xingkong Zhilian Satellite Factory has already arrived and is expected to…

REUTERS/Kim Kyung-Hoon Baidu has appointed a chief executive officer and decided on a brand for its electric vehicle (EV) venture with Zhejiang Geely Holding Group, the Chinese search engine giant said on Thursday. Robin Li, Baidu’s CEO, made the comments on a quarterly earnings call without disclosing names. He also…

Baidu is reportedly in its second round of hiring for the new EV company. (Source: KK News) Chinese search giant Baidu has been recruiting talent in Jiangsu, Zhejiang and Shanghai for its standalone intelligent EV company with automaker Geely, according to Chinese reports. Citing insider sources, Sina Tech and The…