Chinese electric carmaker Jiyue is on the brink of collapse despite being backed by technology giant Baidu and automotive ...
The employees of Chinese electric vehicle maker Jiyue who are being laid off are expected to be paid salaries by Friday with ...
Some projects will be scrapped and some business units merged in an ‘all-out’ effort towards ‘rebirth’, CEO says.
Jiyue, Geely Holding and BIDU-SW (09888.HK)'s auto JV, is in a funding crisis, with rumors of massive layoffs and inability ...
Geely Holding and BIDU-SW (09888.HK)'s car factory "Jiyue" is locked in a funding crisis. 21st Century Business Herald quoted ...
Jiyue has sold only 13,834 cars, a number far below expectations. Both Geely, which owns 65% of the company, and Baidu, which ...
Jiyue Auto, the automotive startup co-founded by Baidu and Geely, is on the brink of collapse. CEO Joe Xia, in a letter to ...
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, 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 ...
Baidu and Geely's electric vehicle venture, Jiyue, is cutting staff and operations due to industry changes. The companies ...