China’s Didi, Germany’s Continental to develop connected vehicles

BEIJING (Reuters) – Chinese ride-sharing company Didi Chuxing said on Tuesday it signed an agreement with German automotive supplier Continental AG to jointly develop connected vehicles and design purpose-built electric vehicles (EVs) for Didi’s services.

  • FILE PHOTO: The logo of Chinese ride-hailing firm Didi Chuxing is seen at their new drivers center in Toluca, Mexico, April 23, 2018. REUTERS/Carlos Jasso/File Photo

    • Didi said the two companies signed what it called a strategic cooperation agreement in Shanghai.

    “Based on DiDi’s practical experience on mobility as well as Continental’s advanced products and technologies … the parties will explore cooperation mainly in the areas of intelligent & connected vehicles (ICV) and customized new energy vehicles,” Didi said in a statement.

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