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Business Deals

China's Didi teams up with BAIC on electric-car sharing service

Alliance to develop fleet management and recharging infrastructure

  © Reuters

BEIJING -- Chinese ride-sharing platform provider Didi Chuxing and the state-owned automaker BAIC Group announced a strategic partnership in the field of new-energy-vehicle sharing services on Thursday.

"Didi is excited to partner with BAIC Group to accelerate the development of EV support infrastructure, including [fleet] operation and vehicle charging," CEO Cheng Wei said at the signing ceremony here. "Shared mobility, new energy vehicle networks and new AI driving technologies are integrally linked to each other."

"Benefiting from this win-win cooperation with Didi, BAIC Group will be a bellwether to serve the public with intelligent networking EVs and mobility services," said Xu Heyi, chairman of BAIC.

Didi's alliance with BAIC follows a tie-up last month with 12 automakers, including the Renault-Nissan-Mitsubishi alliance, for the development of an electric-vehicle-sharing platform. The move is seen as an effort by Didi to lay the groundwork for business expansion in the coming age of car sharing.

The leading Chinese ride-sharing platform operator opened an artificial intelligence research lab in Beijing in January. The facility is likely to play a part in Didi's strategic partnership with China's No. 2 manufacturer of new-energy vehicles. The Beijing municipal government, which owns BAIC Group, is also expected to provide support.

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