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Cornerstone Blog Chinese search giant Baidu doubles down on smart cars as revenue stalls

Chinese search giant Baidu doubles down on smart cars as revenue stalls

February 20, 2021 by Cornerstone International Group Leave a Comment

Chinese internet search giant Baidu plans to launch a new smart car model

under a joint venture with leading Chinese carmaker Zhejiang Geely Holding Group in about three years,

said Baidu CEO and founder Robin Li Yanhong on Thursday.

“We will try to beat the market to launch this new car as soon as we can,”

said Li during a conference call with analysts after the company’s fourth-quarter earnings announcement.

He indicated that the company envisioned an “intelligent” vehicle with autonomous driving technology and better in-car entertainment services, he said.

Read the full article here…

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Filed Under: Cornerstone Blog Tagged With: #Baidu

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