Baidu confirmed that it plans to produce electric vehicles in a partnership with Zhejiang Geely Holding Group. A new company will operate as an independent subsidiary of Baidu and oversee the entire industrial chain, from vehicle design to research and development, as well as manufacturing, sales, and service. Baidu will provide intelligent driving capabilities to power the passenger vehicles for the new venture, and Geely will provide vehicle design and manufacturing.
——China Internet Heavyweight Baidu Confirms Plan To Enter EV Market With Geely, by Forbes
Through its cooperation with Geely, Baidu is expected to reach a new level in the EV field by combining Geely's expertise as a leading automobile and EV manufacturer and its expertise in smart transportation and autonomous driving.