U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales 
TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings 
Toyota Industries Buyout Faces Resistance as Elliott Rejects Higher Offer 
Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities 
China Considers New Rules to Limit Purchases of Foreign AI Chips Amid Growing Demand 
Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement 
China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO 
Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion 
Rio Tinto and BHP Agree to Explore Major Iron Ore Collaboration in Pilbara 
California Attorney General Orders xAI to Halt Illegal Grok Deepfake Imagery 
White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability 
TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure 
Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition 
Walmart International CEO Kathryn McLay to Step Down After Two and a Half Years 
BYD Shares Rise in Hong Kong on Reports of Battery Supply Talks With Ford 
TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates 
Baidu-Geely electric car company just hired its chief executive officer and as it prepares to launch its first EV in three years time. Earlier this month, Baidu announced that it is looking for executives to fill in key positions in its joint venture with the carmaker, Geely.
The Baidu-Geely EV firm started to hire and bring in directors, senior managers, marketing and public relation officers, and more. They will be working at the company’s offices and plant in Jiangsu, Zhejiang, and Shanghai.
The appointment of new CEO
In an update, Baidu-Geely revealed that it also appointed its new CEO and named Mobike’s co-founder Xia Yiping. Reuters reported that Yiping was also the former chief technology officer of the bike-sharing company. Zhejiang Geely Holding Group and Baidu stated that they have high hopes in their company chief’s capabilities to help drive the business to success.
It was learned that Xia Yiping was formally appointed last week. He was offered the job by the company’s board and agreed to take the position.
“We welcome Mr. Xia Yiping to join Baidu’s new EV firm with Geely and look forward to his contribution to Baidu and the automobile industry,” Baidu spokesperson told Caixin Global. “Mr. Xia Yiping has rich management experience in the fields of smart vehicles and mobility services, and we welcome him to join Baidu’s auto firm and look forward to his contribution to Baidu and the auto industry.”
About Xia Yiping
As mentioned, he was Mobike's co-founder and CTO until the company was sold to Meituan, a food delivery giant, in 2018. Prior to setting up Mobike, Xia Yiping worked for Ford Motor, and he was the leader of Fiat Chrysler’s Asia-Pacific Smart Car Association Division.
He is an honorary graduate and one of the outstanding alumni of the University of Essex in the United Kingdom, where he studied Computer Science and Electronic Engineering. In his country, he greatly contributed to transforming the urban travel and transportation structures. This is why Baidu-Geely is confident that he will fulfill his duties as the CEO and lead the company well to reach its goal.
