Samsung Electronics Shares Jump on HBM4 Mass Production Report 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Anta Sports Expands Global Footprint With Strategic Puma Stake 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
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.
