Baidu and Geely plan to invest US$7.7 billion in smart cars development in the next five years Jidu Automobile, a joint venture between Baidu Inc. and Geely Automobile, plans to invest RMB50 billion (US$7.7 billion) in the development of smart car technology in the next five years. The company said it plans to recruit 2,500 […]

China Tech Digest: Baidu And Geely Plan To Invest $7.7B In Smart Cars; Xiaomi Considers Investing AI Chip Maker comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.