BAIC Signs Strategic Cooperation Agreement with Didi Chuxing to Boost Electric Vehicle Smart Travel Service

BAIC Group and Didi Chuxing signed a strategic cooperation framework agreement in Beijing on March 7, 2018. Xu Heyi, Chairman of BAIC Group, Zhang Xiyong, general manager of BAIC Group, Cheng Wei, founder and CEO of Didi Chuxing and related leaders from both parties attended the signing ceremony.

According to the agreement, the two parties will take advantage of their respective advantages and carry out a deep business cooperation in the fields of electric vehicle operation, big data application, travel service, vehicle customization, battery change, etc. They will jointly promote the development and application of electric vehicles, as well as improve the overall technological level of China's electric vehicle industry.

Win-win cooperation to promote the transformation and updating of manufacturing enterprise

As a leading company in the field of electric vehicles and a magnet in the travel service sector, the cross-border cooperation between BAIC Group and Didi Chuxing is a collaboration between a traditional manufacturer and an Internet company, tangible value chains and intangible value chains. Such cooperation will inevitably generate a large number of technological innovations and business models that will be of great significance for the updating and transformation of BAIC's business. In the future, based on the big data and user research, the two parties will develop epoch-making electric vehicles that satisfy the demand of next generation, as well as continue to study travel tools and travel business models that face the future.

Collaborative innovation that promotes the development of the National New Energy Vehicle Technology Innovation Center

The National New Energy Vehicle Technology Innovation Center is an important component of Beijing’s accelerated construction of National Scientific and Technological Innovation Center, which is one of the key projects that promote the captial’s industrial transformation and updating and build a high-grade, precision and advanced economic structure. The cooperation between BAIC Group and Didi Chuxing is not only a cross-border integration between electric vehicle and the Internet, but also a collaborative innovation between the segment of electric vehicle and that of technological services. This will provide strong support for scientific and technological innovation, transformation of achievements and industrial development of the National New Energy Vehicle Technology Innovation Center and will promote the rapid development of this center.

Cross-border cooperation for the benefit of citizens

In the context of the development of vehicle socialization and the trend of the sustainable human environment, ecological transport will undoubtedly promote the rapid advancement of the city, improve the urban environment and constantly raise the happiness index of citizens. BAIC Group and Didi Chuxing will carry out the operation cooperation of electric vehicles taking advantage of their big data and onboard data in order to be the first to realize the demonstration operation in Beijing.