Industry News

Baidu confirms Mobike co-founder Xia Yiping as CEO of its car-making arm

Xia was the co-founder and CTO of Mobike and has made outstanding contributions to changing the structure of urban mobility, Baidu said in a written reply to CnEVPost.

Xiaomi clarifies reports that it plans to build electric cars

Chinese smartphone maker Xiaomi has officially clarified, though not explicitly denied, reports of its entry into the car-making industry.

China State Post Bureau urges courier industry to increase use of NEVs

In 2016, the number of new energy vehicles in China's courier industry was 3,000. The number reached 20,833 in 2019 and 30,212 in 2020 as of July 31.

Geely confirms it will form new electric vehicle company

Chinese automaker Geely will form a new pure electric vehicle company to compete in China's currently hot smart pure electric vehicle market.

Foxconn's first electric vehicles to be released by year-end

Apple supplier Foxconn expects to unveil 2-3 new vehicles built on its own EV platform - dubbed the MIH – at the end of this year, marking significant progress for the electronics giant on its path into the automotive sector.

Xiaomi reportedly tweaks organizational structure to pave way for making cars

Xiaomi has made a round of structural changes to its technology system ahead of the Chinese New Year holiday, possibly to pave the way for its entry into the car-making industry, according to the latest report.

NEV-related business registrations in China up 70.8% in 2020

There were 78,600 newly registered new energy-related companies in China throughout 2020, up 70.8% year-on-year, according to data provider Qichacha.

Xiaomi will start building its own cars, LatePost reports

Chinese smartphone giant Xiaomi has decided it will build its own cars and sees it as a strategic decision, Chinese media outlet LatePost said, citing multiple sources.

Geely reportedly to establish independent EV firm

Geely plans to set up a new company to explore a new approach to product planning, marketing, and sales of electric vehicles (EV), a radical departure from the industry practice of marketing and selling electric vehicles alongside conventional cars, Reuters said on February 19, citing sources.

Mobike co-founder said to be CEO of Baidu's car-making arm

Xia Yiping served as Mobike's chief technology officer until Mobike was acquired by Meituan in 2018.
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