Sydney – Baidu intends to produce smart EVs using manufacturer Geely according to Reuters. This is major league level, and will hit the auto industry hard. Arguably worse is the fact that the buzz phrase “smart EV” will become unavoidable.
This is the death sentence for the obsolescence-obsessed auto sector. Geely is already well set up to make smart EVs. Baidu has been developing autonomous vehicle tech for some time now, and the two companies are an obviously good fit. The market already likes it.
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