Following in the footsteps of Baidu and others, it appears that Xiaomi is getting into the electric vehicle (EV) business. The Chinese firm is set to produce EVs using a third-party factory, sources t…
Geely Forms New Electric Car Company Called Zeekr
Chinese automaker Geely announced that it has established a new electric car company called Zeekr. Positioned towards the higher end of the EV (electric vehicle) market, Zeekr is aimed at challenging …
Baidu May Have Picked The CEO To Lead Its Electric Car JV With Geely
Baidu CEO Robin Li announced that the Chinese search giant had settled on a CEO and brand name for the electric car company it recently formed with Geely. He said this during Baidu’s latest earnings c…
Baidu Seeking To Raise Funds To Set Up AI Chip Company
Chinese search giant Baidu is engaging in discussions to raise funds for an artificial intelligence semiconductor company, a knowledgeable source told CNBC. The move is part of an effort to diversify …
Geely Links Up With Tencent To Develop Smart Car And Driverless Tech
Automotive giant Geely has inked a deal with tech conglomerate Tencent to develop technology for smart vehicle cockpits and self-driving vehicles. This is Geely’s third partnership with a major techno…
Geely Makes Push Into Electric Vehicle Market With Foxconn and Baidu
Chinese carmaker Geely, widely credited for reviving Proton’s fortunes, is making an aggressive push into the electric vehicle market, signing separate deals with Taiwanese electronics manufactu…
Volvo Begins To Impose 180kph Speed Limit On New Cars
For many, the name Volvo goes together with safety. Back in March 2019, the Swedish manufacturer announced that it has planned to impose a speed limit of 180kph (~112mph) on its new cars starting from…