BEIJING — China’s Baidu Inc. is thinking of generating its very own electric vehicles and has held talks with automakers about the risk, 3 folks with expertise of the make any difference mentioned, the latest move in a race amid tech corporations to acquire clever cars and trucks.
The search-motor chief, which also develops autonomous driving technological know-how and internet connectivity infrastructure, is thinking of deal manufacturing, one of the folks mentioned, or developing a bulk-owned undertaking with automakers.
The initiative would be a stage up from internet friends these types of as Tencent Holdings, Amazon Inc. and Alphabet Inc., which have also formulated car-similar technological know-how or invested in clever-motor vehicle startups.
Baidu has held preliminary talks — without the need of reaching any conclusions – with automakers together with Zhejiang Geely Holding Group Co. Guangzhou Automobile Group Co. and China FAW Group Corp.’s Hongqi, on a attainable undertaking, the folks mentioned.
They declined to be discovered as the talks are non-public.
Baidu declined to comment. GAC mentioned it has a strategic partnership with Baidu and that any further cooperation was issue to discussion. Geely mentioned it was not acquainted with the make any difference. FAW did not answer to a ask for for comment.
Baidu set up autonomous driving device Apollo in 2017. The device generally materials technological know-how run by artificial intelligence and work with automakers these types of as Geely, Volkswagen Group, Toyota Motor Corp. and Ford Motor Co.