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.
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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