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DIDI CHUXING SETS UP JV WITH BAIC-BJEV, CHINA’S LARGEST EV MAKER

January 15, 2025

Didi Chuxing, the world’s leading one-stop transportation platform, today 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.