The venture will revamp some of Geely's existing car manufacturing facilities to make the vehicles, with in-car software input from Baidu and engineering know-how from Geely, sources told Reuters.
The companies are in talks to use Geely s EV-focused platform, Sustainable Experience Architecture (SEA), for future product development, one of the sources, who declined to be identified as the plan was private, said., , baidu, china, geely automobile
Volvo Cars has announced that it will triple electric vehicle production at its Ghent plant in Belgium by 2022, amounting to around 60% of the plant’s total production capacity. According to the Swedish automaker, this […]
Exclusive: Baidu plans smart EV company, to make cars at Geely plant - sources metro.us - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metro.us Daily Mail and Mail on Sunday newspapers.
Market movers: Stocks that saw action on Friday - and why Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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A look at some of the North American equities moving in both directions
On the rise
Shares of
Tesla Inc. (TSLA-Q), which surged more than 700 per cent in 2020, continued to gain on Friday after the vehicle maker launched a cheaper variant of the Model Y, bringing its price closer to that of its Model 3 sedan, its least expensive car.