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Baidu's auto venture to invest $7.7 bln into smart cars over next five years-CEO

Publishing date: Apr 23, 2021 • 5 hours ago • 2 minute read •
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BEIJING Jidu Auto, the electric vehicle venture between China’s tech giant Baidu and Chinese automaker Geely, aims to pour 50 billion yuan ($7.70 billion) into making smart cars over the next five years, Jidu’s chief executive told Reuters on Friday.
Xia Yiping said Jidu would aim to launch its first electric vehicle (EV) in three years, as is standard for the industry, but would make efforts to speed up that process.
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Baidu s auto venture to invest $7.7 bln into smart cars over next five years-CEO Back to video ....

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Baidu's Jidu Auto to invest $7.7 billion in 'robot' smart cars

Baidu s Jidu Auto to invest $7.7 billion in robot smart cars
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Last Updated: Apr 23, 2021, 04:02 PM IST
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Synopsis
Xia Yiping said on Friday that the funding would come from Baidu and other investors and Jidu would aim to launch its first electric vehicle in three years, as is standard for the industry, but would make efforts to speed this up.
Reuters
Jidu Auto CEO Xia Yiping
Jidu Auto, an electric vehicle venture between China s tech giant Baidu and Chinese automaker Geely, aims to plough 50 billion yuan ($7.7 billion) into producing smart cars over the next five years, its chief executive told Reuters. ....

Xia Yiping , Zhejiang Geely Holding Group , Xiaomi Corp , Jidu Auto , Hong Kong Listed , Hangzhou Bay , Huawei Technologies , Electric Vehicle , Smart Cars , ஜெஜியாங் கீளி வைத்திருத்தல் குழு , கிஷியாொமி கார்ப் , ஹாங் காங் பட்டியலிடப்பட்டுள்ளது , ஹூவாய் தொழில்நுட்பங்கள் , மின்சார வாகனம் , புத்திசாலி கார்கள் ,