In January last year, domestic Internet giant Baidu officially announced the construction of cars.
A full year has passed.
In this year, Baidu car seems to be somewhat low-key compared to Xiaomi car.
However, on the road to car building, Baidu's progress is also very fast.
On January 26, Jidu Automobile, a car brand owned by Baidu, announced that it had completed nearly $400 million in Series A financing.
It is understood that the current round of financing of Jidu Automobile was jointly increased by Baidu and Geely. This is also the second financing completed by Jidu Automobile since its inception.
In March last year, Jidu Automobile, which had just announced its establishment, had already completed $300 million in start-up capital.
According to media reports, affected by the news of Jidu Automobile, Baidu Group's Hong Kong stocks also rose by 2.06% on January 26.
According to public information, Jidu Automobile Co., Ltd. was established on March 2, 2021, and its registered address is in Jiading District, Shanghai. The registered capital is 2 billion. Among them, Baidu accounts for 55% of the shares, and Geely accounts for 45% of the shares.
Looking back at the development history of domestic new energy vehicles, there have been dozens or even hundreds of new car-making car companies that have entered the car-making industry.
Since 2019, it has been countless how many new car-making car companies have disappeared. There are two situations: the first is that the car has not been built, it has gone out of business; The second is that the first model has been off the production line, and even began to sell to the market, and finally because it does not have any market competitiveness, it is still difficult to escape the doom of bankruptcy after burning a large amount of money.
Judging from the current situation, there are only a few new energy vehicle companies left, such as Weilai, Ideal, Xiaopeng, Nezha, Zero Run, and Weima and Gaohe.
There is also a reality that even the above-mentioned car companies, which are new car manufacturers, cannot fully guarantee that they can survive forever.
Jidu Automobile is also a member of the new car manufacturers.
Objectively speaking, on the road to entering the car manufacturing industry, Baidu seems to be moving a little slowly.
So for Baidu car, should it be optimistic?
First of all, the answer: the car fast review believes that it is worth looking forward to.
Why?
First of all, it is well known that in the field of automatic driving, baidu has the technology that can be said to be second to none in China.
As early as 2017, Baidu released the Apollo Apollo program for self-driving technology.
In November last year, Baidu's first charging order for autonomous driving was officially born;
Secondly, in addition to automatic driving, Jidu Automobile is built based on geely automobile's SEA vast architecture.
The structure was developed by Geely Automobile over a period of four years and a cost of 18 billion yuan. As a pure electric exclusive architecture developed by Geely Automobile, Haohan Architecture not only has a three-dimensional layout in terms of hardware, ecology and system, but also can achieve all-round coverage of various models from A-class to E-class cars;
Finally, and most importantly, Jidu Automobile has strong financial strength.
Xia Yiping, CEO of Jidu Automobile, has publicly stated that the total investment scale of Jidu Automobile in the next 5 years will be 50 billion yuan.
It is understood that Jidu Automobile's first automobile robot concept car will be officially released at this year's Beijing Auto Show. In 2023, the first model will also be available.
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