It is reported that Xia Yiping, co-founder of Mobai, will be the CEO of Baidu Geely joint venture


Xia Yiping, former co-founder and CTO of Mobai
Tencent technology according to two people familiar with the matter, Baidu and auto maker Geely have hired Xia Yiping, co-founder and former chief technology officer of mobike, to be the CEO of the new electric vehicle business.
Baidu announced last month that it will set up a company with Zhejiang Geely Holding Group to build a smart car through Geely’s ability in car building and Baidu’s technical cooperation in the field of automatic driving.
Baidu chief executive Robin Li said on Thursday that they had appointed the chief executive of the joint venture but did not give the name. He also said they had decided on a brand and would try to launch new electric vehicles in about three years.
The source declined to be named because the information has not yet been made public. Baidu declined to provide immediate comment, while a Geely spokesman said he was not familiar with the appointment. Xia did not immediately respond to a request for comment.
Xia Yiping had been the CTO of Mobai until Mobai was acquired by meituan in 2018. Before Moby, he worked for Ford and Fiat Chrysler.
Baidu’s share price has more than doubled since Reuters first reported last December that it plans to build its own electric car.