According Baidu CEO Robin Li, Baidu has appointed a chief executive officer and decided on a brand for its electric vehicle (EV) venture with Zhejiang Geely Holding Group. He has also said that they would try to launch a new EV model in 3 years. (Laoyaoba, Reuters, Reuters, Sina)

Li Auto (Li Xiang) accumulative delivery volume of its electric vehicle has exceeded 40,000 units. Since its Li Auto One being launched on 4 Dec 2019, the company has delivered 40,000 units within 14.5 months, setting a record for the fastest delivery of new EVs. Its next generation EV dubbed X01 is…