The alliance between Baidu and NextEV is another major move for the internet technology giant to turn itself around after being hit by falling profits Chinese internet giant Baidu reportedly plans to invest US$100 million in the country’s electric car maker NextEV (in Chinese), in a renewed drive to boost its faltering autonomous driving business. […]
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The post Baidu rumoured to invest in electric car startup solidifying autonomous car strategy appeared first on e27.
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