Baidu is partnering with Geely to make smart electric cars, the tech group’s latest effort to diversify away from a stagnating core business and a milestone for the carmaker’s efforts to sell its vehicle technology to third parties.
China’s largest search engine provider said on Monday that it would set up a subsidiary to make battery powered cars. The vehicles will be sold under a new brand, and loaded with Baidu’s autonomous driving, voice assistance and mapping technology.
Geely, China’s largest private automaker by sales, will invest in the venture and provide its newly launched system for building electric vehicles, making Baidu the first confirmed customer for the platform. The companies did not disclose any financial details.
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