Key Takeaways From Baidu's First EV Launch

  • Baidu, Inc BIDU electric vehicle arm Jidu Auto launched a "robot" concept car via an online press conference held on Baidu's metaverse-themed app Xirang.
  • It is the first vehicle to be revealed by a Chinese internet company.
  • The concept car is free of door handles and is fully controlled via voice recognition, Reuters reports.
  • Also Read: Baidu-Geely Joint Venture Aims $7.7B Investment In Smart Car
  • Jidu looks to commercialize the model, which would be 90% similar to the concept car, in 2023.
  • The 'robot' EVs will possess autonomous Level 4 capabilities bypassing human intervention and utilize Qualcomm Inc's QCOM 8295 chips, which will enable users to access voice assistance offline.
  • Jidu will also build two lidars and 12 cameras alongside the car. 
  • Jidu, co-funded by Chinese automaker Geely Automobile Holdings Ltd GELYY, will manufacture in Hangzhou Bay in China's eastern city of Ningbo, where Geely has several plants.
  • Jidu hired ex-Cadillac designer Frank Wu as its head of design, and Wang Weibao, a former Apple Inc AAPL EV initiative Project Titan, as its head of intelligent driving.
  • Price Action: BIDU shares traded higher by 2.44% at $150.58 on the last check Wednesday.
  • Photo via Company

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