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Baidu-backed Chinese EV maker Jiyue to cut operations, payroll to survive brutal race

Some projects will be scrapped and some business units merged in an ‘all-out’ effort towards ‘rebirth’, CEO says.

By: scmp.com

Dec 12 2024
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Baidu-backed Chinese EV maker Jiyue to cut operations, payroll to survive brutal race

Some projects will be scrapped and some business units merged in an ‘all-out’ effort towards ‘rebirth’, CEO says.

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