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The EV battle has become more exciting and now the Chinese ride-hailing app Didi Chuxing has joined the revolution. The transportation platform recently announced a new joint venture with Beijing Electric Vehicle Co., a unit of state-owned BAIC.
Headquartered in Beijing, Didi Chuxing provides services, including taxi hailing, private car hailing, social ride-sharing, bus, designated driving, enterprise solutions, bike sharing and food delivery to users in China via a smartphone application. Didi leverages its big data-driven artificial intelligence capabilities to promote the transformation and upgrading of the taxi and bus industries and help cities develop smart transportation solutions. It develops intelligent driving projects and expands business in new energy vehicle industry, along with its acceleration of internationalization.
Through this joint venture, BAIC-Xiaoju New Energy Auto Technology Co. Ltd (“JingJu”), China’s largest EV maker, BAIC aims to combine their strengths in new energy fleet operation and AI transportation solutions to develop next-generation connected-car systems. Jingju is a key component of a Didi-BAIC strategic partnership formed in a growing alliance between Didi and auto-industry players. Didi started partnership programs with automakers and fleet operators in 2016, and launched the Didi Auto Alliance, an industry-chain partnership network in April 2018. Xiaoju Automobile Solutions was soon created to build out a collaborative driver/car-owner service platform through integrated auto-finance, leasing, trading, charging and refueling, and maintenance operations.