Baidu logo at a tech conference, signifying EV venture with Geely - Global Banking & Finance Review
This image features the Baidu logo, highlighting the company's new electric vehicle venture with Geely. The announcement includes the hiring of Mobike's Xia Yiping as CEO, emphasizing Baidu's commitment to smart mobility and innovative automotive solutions.
Business

Baidu-Geely EV venture names Mobike co-founder as chief

Published by linker 5

Posted on February 22, 2021

1 min read

· Last updated: January 21, 2026

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BEIJING/SHANGHAI (Reuters) – China’s Baidu Inc and automaker Geely hired Mobike co-founder and former chief technology officer Xia Yiping as chief executive of their new electric vehicle venture, the search engine giant said on Monday.

Baidu last month had announced it would set up a company with Zhejiang Geely Holding Group to leverage its intelligent driving capabilities and Geely’s car manufacturing expertise.

“Xia has extensive management experience in the field of smart cars and mobility services,” Baidu said in a statement. “We welcome Xia Yiping to join Baidu’s auto company and look forward to his contribution to Baidu and the automobile industry.”

Reuters reported Xia’s appointment last week, citing people familiar with the matter.

Xia served as Mobike’s chief technology officer until the company was acquired by food delivery giant Meituan in 2018. Prior to Mobike, he worked at Ford Motor and Fiat Chrysler.

(Reporting by Yingzhi Yang, Yilei Sun and Brenda Goh, Editing by Sherry Jacob-Phillips)

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