Baidu to build his own electric car company Hoping to win a share of the electric car market

CNBC news agency reported, citing sources that Chinese search engine giant Baidu. Preparing to build your own electric car company Baidu will be the majority shareholder, while Chinese carmaker เล่นสล็อต Geely. Will be a minority shareholder and produce cars Baidu will support the software of the vehicle.
Most of Baidu's income comes from advertising. But prepared to split the business line to other sectors to diversify risks. Both the cloud computing business And automated driving car software Which is a business that analysts see as a good opportunity for the company

Baidu has already been testing an autonomous car software called Apollo in a robot taxi test in Beijing.Baidu also has its own map app and voice-activated technology, DuerOS, that can be installed in the car.

The Chinese electric vehicle market is growing steadily. It is supported by the government in the form of grants and charging infrastructure.

The initiative is a step ahead of other competitors. In Internet businesses such as Tencent Holding, Amazon.com and Alphabet, which are all developing automotive-related technologies Or invest in smart car startups

Self-manufacturing of cars reflects Baidu's massive development. Which aims to distribute income sources during the time when major businesses Of the company slowed its expansion.In 2019, the company's revenue grew only 2%