China has emerged as a formidable contender for dominating the electric vehicle (EV) market. Beijing has invested heavily in ...

Baidu and Geely's carmaking joint venture, Ji Yue said on Wednesday that it would seek to raise new money and carry out some operational adjustments to cope with fierce market competition.

The CEO of China's Ji Yue Auto was surrounded by people demanding to know how they would be paid, videos posted online on Thursday showed, a day after the EV maker said it would streamline ...

This collaboration creates efficiencies for JI YUE, while also enhancing its service capabilities for consumers.. Safe Harbor Statements. This press release includes "forward-looking statements ...

Ji Yue, a joint venture between Baidu and Geely, promoted autonomous driving capabilities that were said to surpass Tesla’s. However, sluggish sales and internal conflicts have pushed the ...

Ji Yue Auto exemplifies these challenges, posting negative gross margins of CNY50,000 (approx. US$ 6,878) per vehicle and cumulative losses exceeding CNY10 billion in 2024.

Ji Yue Auto's sudden collapse has jolted the industry, marking a sharp and unceremonious shift in Baidu's automotive ambitions. Once the tech giant's symbol of its car-making aspirations, Ji Yue's ...

BEIJING - Cheche Group Inc. (NASDAQ: CCG), a prominent auto insurance technology platform in China, has announced a new partnership with Shanghai Jidu Automobile Company Limited ("JI YUE"), a joint ...

BEIJING : Baidu and Geely's carmaking joint venture, Ji Yue, is actively raising funds and plans to streamline its operations, it said on social media on Wednesday. Ji Yue will merge departments ...

JI YUE, a joint venture between Chinese tech giant Baidu and car manufacturer Geely, is... Cheche Group Announces Partnership with NEV Company JI YUE | Nasdaq Skip to main content ...