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Baidu and Geely will help compensate workers who’ve lost their jobs but haven’t committed to providing Jiyue with more funding. Over the past year, Jiyue launched an electric SUV and an ...
Jiyue announced the unilateral dismissal of Xu Jiye, its public relations director, in accordance with the relevant ...
Geely Holding and BIDU-SW (09888.HK)'s auto JV, Jiyue, is locked in liquidity crisis, with a capital gap of up to RMB6 ...
Jiyue, a premium electric vehicle (EV) maker backed by Chinese search-engine firm Baidu, will downsize its operations while pursuing fresh capital to withstand vicious competition. Projects that ...
Jiyue, a premium electric vehicle (EV) maker backed by Chinese search-engine firm Baidu, will downsize its operations while pursuing fresh capital to withstand vicious competition. Projects that do ...
As the auto industry races toward the final stretch of 2024, with less than a month remaining before 2025, JiYue Auto—fresh off unveiling its sports car concept—has suddenly collapsed.
Jiyue Auto, the automotive startup co-founded by Baidu and Geely, is on the brink of collapse. CEO Joe Xia, in a letter to employees dated December 11, admitted the company faces severe challenges ...