China’s Baidu And CATL Team Up To Build Next-Gen Driverless EVs, Integrating Advanced Battery And Chassis Tech

On Thursday, Baidu Inc (NASDAQ:BIDU) and electric vehicle battery giant Contemporary Amperex Technology Co will jointly explore the development of “competitive” driverless vehicles and innovative business models.

The companies will develop and apply CATL’s power batteries, battery swapping products and services, and skateboard chassis technology in driverless vehicles, Reuters reports.

Baidu’s fourth-quarter robotaxi service reached 1.1 million paid rides in the quarter, up 36%.

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Full story available on Benzinga.com