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Lotus Might Source Volvo s Twincharged Engines; Esprit Successor Coming in 2020

Lotus Might Source Volvo s Twincharged Engines; Esprit Successor Coming in 2020
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Baidu plans to build EVs, have Geely assemble them

Baidu plans to build EVs, have Geely assemble them 8 January 2021 6:35 pm / 2 comments Chinese internet search engine provider Baidu is reportedly planning to form a company to build smart electric vehicles (EVs), and will be working together with Geely, which will assemble the vehicles at its plants. Sources familiar with the matter told Reuters that the venture will see Geely revamping some ot its existing car manufacturing facilities to make the vehicles, which will feature in-car software input from Baidu and engineering know-how from Geely. Both parties are apparently in talks to use Geely’s Sustainable Experience Architecture (SEA) EV-focused platform architecture for the planned product development. The sources added that Baidu will have a majority stake and absolute voting power in the new company. Both companies declined to comment about the matter.

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