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Chinese search engine Baidu is considering building its own electric vehicles

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China’s largest search engine Baidu considers making own electric vehicles | Really News Description video: China’s largest search engine Baidu is considering making its own electric vehicles and has held talks with automakers about the possibility, Reuters reported. Baidu, which […]

China’s largest search engine Baidu considers making own electric vehicles | Really News

Description video:
China’s largest search engine Baidu is considering making its own electric vehicles and has held talks with automakers about the possibility, Reuters reported. Baidu, which also has an autonomous driving unit, is considering contract manufacturing or creating a majority-owned venture with automakers. Baidu recently got the permit to conduct fully driverless road tests in Beijing.\n\nhttps://uk.mobile.reuters.com/article/amp/idUKKBN28P0F2?utm_campaign=fullarticle

Chinese search engine Baidu is considering building its own electric vehicles

Chinese search giant Baidu Inc is considering building its own electric vehicles. The search engine has negotiated with automakers about such a possibility, informed sources told Reuters. This marks the next stage in the race of tech companies to develop smart cars..

According to one source, the Chinese company is also developing autonomous driving technologies and infrastructure for connecting to the Internet, and is considering the possibility of contract manufacturing or creating a venture with majority participation of automakers..

This initiative will be a step up from internet peers such as Tencent Holdings Ltd, Amazon.com Inc and Alphabet Inc, which have also developed automotive technology or invested in smart car startups..

Baidu has held preliminary negotiations, without making any decisions, with automakers including Zhejiang Geely Holding Group Co Ltd, Guangzhou Automobile Group Co Ltd and Hongqi of China FAW Group Corp Ltd about a possible joint venture.

Baidu created Apollo autopilot in 2017. This division mainly supplies AI-powered technology and works with automakers such as Geely, Volkswagen AG, Toyota Motor Corp and Ford Motor Co..

Chinese search engine Baidu is considering building its own electric vehicles

Baidu Operates Go Robotaxi Self-Driving Taxi Service With Drivers For Safety On Board in Beijing, Changsha and Cangzhou and plans to expand to 30 cities in three years. Last week, the company received approval to test five driverless cars in Beijing.

Negotiations for in-house production have begun after Didi Chuxing joined with automaker BYD Co Ltd. last month. launched a dedicated van for on-call services. Meanwhile, tech giant Sony Corp unveiled an electric concept car with autonomous driving features in January..

Car manufacturing will be a significant step forward in Baidu’s drive to diversify its revenue streams, a growth point in its core search business, which grew by just 2% last year..