(Cover image source: Bloomberg Getty Images)
Today, Baidu officially announced the establishment of its intelligent automobile company, with Geely Holding Group becoming the strategic partner of Baidu’s electric vehicle company.
The newly established Baidu Automobile Company will focus on the design, development, production, manufacturing, and sales services of intelligent automobiles for the passenger vehicle market.
(Image source: Geely Holding Group)
This cooperation will be based on Geely’s pure electric SEA architecture. Baidu will leverage its experience in artificial intelligence, internet, and Apollo autonomous driving capabilities to support the development of the joint venture company.
Baidu Automobile Company will operate independently of its parent company and maintain its autonomy. Through this cooperation, Baidu will enter the automotive industry as a complete vehicle manufacturer.
🔗Sources: Baidu, Geely Holding Group
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.