Punching of Jiyue Distribution Box

Geely''s Jiyue EV Brand On The Brink Of Collapse Amid Debt

Approximately 70% of all parts used by Jiyue come from Geely, and as of February, it owed more than $200 million to its parent company for these parts. In a statement issued last week,

Geely, Baidu JV faces backlash over new efficiency drive

BEIJING — Jiyue Auto, a joint venture between Baidu and Geely Automotive, came under fire from employees and others a day after disclosing plans to streamline operations and target other costs.

Geely-backed EV Brand Jiyue Faces Business Collapse, with Sudden

Internal sources at Jiyue revealed that due to outstanding debts, Geely is no longer providing new vehicles, leading to a halt in factory production lines. Some consumers have been

Geely-backed EV Brand Jiyue Faces Business

Internal sources at Jiyue revealed that due to outstanding debts, Geely is no longer providing new vehicles, leading to a halt in factory production

Jiyue Auto''s collapse: Insider reveals how Xia Yiping''s missteps

Jiyue''s downfall comes amid a broader reshuffling of China''s NEV market. But what makes its story particularly instructive is the disparity between its abundant resources and its current

Baidu''s EV dream becomes a nightmare: inside Jiyue

Jiyue''s collapse reflects a broader tension in China''s hyper-competitive EV market. While its technological ambitions captured headlines,

Baidu''s EV dream becomes a nightmare: inside Jiyue Auto''s downfall

Jiyue''s collapse reflects a broader tension in China''s hyper-competitive EV market. While its technological ambitions captured headlines, operational inefficiencies, wavering shareholder

Volvo''s Sister Brand Jiyue Struggles with Massive Financial Crisis

Volvo''s sister brand, Jiyue, is now facing one of the industry''s harshest realities, according to Boosted. Financial troubles, management issues, and disappearing funds have left the company in a

The Rise and Fall of Jiyue: A Cautionary Tale in EV Startups

What are your thoughts on the Jiyue collapse? How do you think this will affect consumer confidence in new EV brands? Share your perspectives in the comments below!

Geely-Baidu JV brand Jiyue to scale down for survival

There has been speculation on Chinese social media that Jiyue is approaching liquidation due to low sales in the world''s largest EV market, which has over 50 major players.

Fast And Furious China Style: Jiyue Crashes Hard And Fast

Jiyue, the EV startup backed by Geely and Baidu, just crashed and burned. Read the shocking story of missing millions, angry employees, and cars worth less than a used lawnmower.

Punching of Jiyue Distribution Box [PDF]

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