Geely

California-based Faraday Future (FF) on Thursday said that it will merge with Property Solutions Acquisition Corp (PSAC) and that the combined entity will be listed on Nasdaq under the ticker symbol FFIE. It will provide Faraday about USD 1 billion in gross proceeds, including USD 230 million in cash, that…

Geely Group’s low-orbit satellite Internet project started with a total investment of 4.12 billion yuan The project is a Geely satellite Internet project with a total investment of 4.12 billion yuan and is located in the Shanghe Demonstration Zone in Jiaozhou City, Qingdao. In early August last year, the Shanghai…

Geely Technology Group Taili TF-1 obtained the world’s first FAA airworthiness certificate for flying cars According to Geely Technology Group news, on January 15, US Eastern Time, Geely Technology Group’s Transition (TF-1), a subsidiary of Geely Technology Group, obtained the Federal Aviation Administration (FAA) airworthiness certificate. This is the first…

Chinese internet giant Tencent (HKEX: 0700) has formed an all-around strategic cooperation with Geely Automobile Group, in areas that include intelligent cockpit, autonomous driving, digital marketing, and low-carbon economy, the company said in a release on Tuesday. Tencent will help Geely digitalize its R&D, manufacturing, marketing, user management, as well…

Carmaker Geely will be teaming up with tech giant Tencent to develop next-generation intelligent vehicle cockpits and autonomous driving systems. (Source: Geely) China’s Zhejiang Geely Holding Group said it has teamed up with Tencent to develop smart vehicle technologies, the newest cross-industry partnership between traditional automakers and tech giants. Areas…

It’s official: China’s largest search engine and China’s largest private automaker are joining forces. Last Monday, Baidu announced a strategic partnership with Geely aimed at manufacturing electric vehicles (EV). As part of a deal to set up an intelligent EV company, Baidu will provide in-vehicle software, while Geely will put its…

Chinese search engine Baidu announced the formal establishment of a smart car company to enter the automotive industry as a vehicle manufacturer. Chinese car maker Geely Holding Group will become a strategic partner of the new company. Both parties will be based on Geely’s latest pure electric architecture – the…

The exterior of a Baidu building in Beijing on Oct. 30, 2019. (Image credit: TechNode/Coco Gao) Baidu announced Monday that it will partner with automaker Geely to manufacture smart electric vehicles for the Chinese market, expanding from autonomous-driving software to making the cars themselves.  Why it matters: Baidu’s partnership with…

China’s search giant Baidu is extending its car ambitions from mere software to production. The company said Monday that it will set up a company to produce electric vehicles with the help of Chinese automaker Geely. Baidu, a dominant player in China’s internet-search market for the last decade or so,…

CIW / Autos / Baidu to produce intelligent electric vehicles with Geely January 11, 2021 By CIW Team Baidu yesterday announced its plan to establish a company to produce intelligent electric vehicles (EV), and that it has entered into a strategic partnership with multinational auto manufacturer Zhejiang Geely Holding Group…