Baidu responds to the "wholly -owned holding collection car": still holds the shares with Geely

Driving China June 30, 2022

Today, about Baidu wholly -owned Holding Holdings, Geely withdrew "market rumors, Baidu responded that this is a normal adjustment of the company's needs based on business development. The set is still co -owned by Baidu and Geely., Ji CEO is Xia Yiping.

In this regard, according to relevant sources, "this adjustment is the change of Geely's main company, and there will be a new Geely main company access in the future.Things are still in the adjustment stage. "

It is reported that on March 2, 2021, Jiji Automobile Co., Ltd. was established. The legal representative is Xia Yiping and co -owned by Baidu and Geely.Start close cooperation to jointly build the next generation of smart cars.In January 2022, the collection announced the completion of nearly $ 400 million in Series A financing, which was jointly increased by Baidu and Geely.

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