Page 55 - Jidu News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Jidu. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Jidu Today - Breaking & Trending Today
26 April 2021 10:09 am / 0 comments According to a report by Reuters, Jidu Auto will invest 50 billion yuan (around RM31.6 billion) into producing smart cars over the next five years. The company is a joint venture between Baidu (55%) and Zhejiang Geely Holding Group (45%), with the partnership first being announced back in January this year. Jidu CEO Xia Yiping told the publication that the funding would come from Baidu and other investors, with the company aiming to launch its first EV in three years or sooner. He said the EV would target young customers and “look like a robot,” although the company would need to analyse market data before deciding on a final model. ....
. Chinese technology titan Baidu and carmaking giant Geely are to pour 50 billion yuan (US$7.7 billion) into making next-generation cars . Jidu Auto, the electric vehicle (EV) venture formed by Baidu and Geely in January, will invest the money over the next five years and aims to deliver its first smart car by 2024, Baidu confirmed in response to a Post inquiry . Reuters first reported the plan earlier on Friday. Jidu’s CEO Xia Yiping told the news agency the company will aim to bring out a new model every year or 18 months after the first one. [embed]https://youtu.be/PAMVogK2TTk[/embed] ....
Jidu Auto (集度汽車), a joint venture of Chinese technology giants Baidu Inc (百度) and Zhejiang Geely Holding Group (吉利控股), aims to spend 50 billion yuan (US$7.7 billion) over the next five years on developing smart-vehicle technologies. Over the next two to three years, the joint venture aims to hire 2,500 to 3,000 staff for the project, including about 500 software engineers, it said. The branding for the nascent auto marque is set to be unveiled in the third quarter of this year, a Jidu spokesperson added. Baidu owns 55 percent of Jidu and Geely has a 45 percent stake in the ....
Caixin Global - Latest Business and Financial News on China, U.S. Trade War and Negotiations, Breaking News, Headlines and Developments caixinglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from caixinglobal.com Daily Mail and Mail on Sunday newspapers.
Baidu's Jidu Auto to invest $7.7bn in smart cars thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.