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Baidu and Geely invested nearly $400 million in Jidu Automobile to launch a mass-produced model in 2023

"Jidu" WeChat public account news, on January 26, 2022, Baidu's smart car brand Jidu announced that it has completed nearly 400 million US dollars of A round of financing, and this round of financing is jointly increased by Baidu and strategic partner Geely. Jidu's first automotive robot concept will be unveiled at the Beijing Auto Show in April this year, and the mass-produced model will be launched in 2023.

In January 2021, Baidu announced the construction of cars, and in March, Jidu was established and received more than 300 million US dollars in start-up capital.

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