Baidu Appoints Mobike Co-founder Xia Yiping as CEO for New EV Firm: Experiences

In early January, Baidu presented a strategic partnership with Geely aimed at manufacturing electrical autos. (Source: Baidu)

Chinese language search engine and AI company Baidu has employed Xia Yiping, the co-founder of motorcycle-sharing firm Mobike to be the executive govt of its new electrical car company, working in tandem with vehicle producer Geely, in step with reports. 

Baidu CEO Robin Li said throughout the company’s fourth quarter earnings name on Thursday that they’d appointed a CEO for the brand new company with out disclosing a name, and can merely light unbiased to commence a new EV model in around three years.

In early January, Baidu presented a strategic partnership with Zhejiang Geely Holding Group aimed at manufacturing electrical autos. As phase of a deal to keep up an radiant EV company, Baidu will provide in-car utility, while Geely will provide up its engineering capabilities, with the brand new passenger vehicle to be produced at Geely’s factories.

Baidu declined to comment when contacted by Pandaily. Reuters first reported the appointment and CNBC additionally confirmed the information.

In 2015, Xia co-founded Mobike and served as the bike-sharing company’s chief know-how officer. (Source: Zi media)

Xia previously labored at Fiat Chrysler’s Asia-Pacific arm and at Ford, the place he used to be liable for localizing and enforcing the company’s in-car communications and leisure device SYNC across China.

In 2015, Xia co-founded Mobike and served as the company’s chief know-how officer during a duration whereby the company expanded to 19 worldwide locations globally. Mobike used to be in a roundabout plan got by Chinese language food provide huge Meituan in 2018 for $2.7 billion, following a downward spiral inner China’s once-booming bike-sharing market.

Baidu’s fourth quarter earnings for 2020 beat expectations, with a 52% year-on-year expand in non-marketing and marketing revenue — which entails its cloud and self reliant driving enterprise.

SEE ALSO: Would possibly possibly well Baidu and Geely’s Tie-up Discipline Tesla’s Dominance in China?

In early February, Baidu used to be reported to be on a hiring spree for the brand new EV company, bringing in administrators, deputy administrators and senior managers for marketing and marketing and public family members positions in Jiangsu, Zhejiang and Shanghai. 

A spokesperson from Baidu previously told Pandaily that the brand new EV company is within the formula of being established, and all substances are advancing smoothly.

The subsequent-know-how autos are anticipated to be equipped under a new imprint and loaded with Baidu’s beefy keep of web connectivity infrastructures, together with the self reliant driving platform Apollo, tell assist platform DuerOS and Baidu Maps.

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