Baidu’s intelligent electric vehicle arm Jidu has closed its Series A financing, raising nearly $400 million.
This round of financing was backed by Baidu and its strategic partner multinational auto manufacturer Zhejiang Geely Holding Group.
With the completion of financing, Jidu is set to continue accelerating the progress in R&D and achieving mass production. [Read more…] about Baidu’s autonomous electric carmaker Jidu raises $400 million in Series A financing
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