BEIJING - China’s search engine giant Baidu Inc said on Monday it will set up a company to partner with car maker Zhejiang Geely Holding Group to make smart electric vehicles , the latest move by a tech company in the fast-evolving sector.
Geely will also be a strategic investor in the new company, which will be an independent subsidiary of Baidu, Baidu said in the statement. Baidu’s move comes as many tech companies around the world are racing to develop smart cars, after Tesla Inc’s success in commercialising EVs. Baidu established its autonomous driving unit Apollo in 2017. The unit mainly supplies technology powered by artificial intelligence and works with automakers such as Geely, Volkswagen AG, Toyota Motor Corp and Ford Motor Co.
❤🙏 This is what we need, the Chinese Electricity Cars!
How very communist of them!
Where's Elon Musk?
Without sufficient power supply from power stations.
No one gives AF
Have we ever done this in the past?
More stolen technology!
Call it the BaGee❣️🤷🏽♀️
Watch for the steal steal steal
Good luck, I'm not gonna buy it.