BAIC forms JV with Didi Chuxing to develop connected services for its NEVs

Didi Chuxing, a leading one-stop transportation platform, announced a new joint venture with Beijing Electric Vehicle Co., an affiliate of BAIC and China’s largest EV maker.

BAIC-Xiaoju New Energy Auto Technology Co. Ltd (“JingJu”) aims to combine their strengths in new energy fleet operation and AI transportation solutions to develop next-generation connected-car systems.

Jingju is a key component of a DiDi-BAIC strategic partnership formed in a growing alliance between DiDi and auto-industry players. DiDi started partnership programs with automakers and fleet operators in 2016, and launched the DiDi Auto Alliance, an industry-chain partnership network in April 2018. Xiaoju Automobile Solutions（”XAS”）was soon created to build out a collaborative driver/car-owner service platform through integrated auto-finance, leasing, trading, charging and refueling, and maintenance operations.

With the support of policymakers, China is accelerating its systemic transition to new energy vehicles. BAIC has announced plans to stop the manufacturing and sale of gas-driven car models by 2025. Today, close to 400,000 new energy vehicles are registered with DiDi in the world's largest shared EV network, many through the company's partnerships with leading EV manufacturers including BYD.

To build a sustainable and more robust shared mobility ecosystem, XAS is also attracting OEMs, dealers and independent fleet operators to put their fleets on DiDi's open car-sharing program to share DiDi's scale of operation, service standards and data capabilities. XAS now serves drivers/car-owners on DiDi and beyond through the main DiDi app and a separate XAS app.