Baidu's EV arm Jidu raises $400m in new funding round

Baidu's EV arm Jidu raises $400m in new funding round

REUTERS/Barry Huang/File Photo

Baidu’s electric vehicle (EV) arm Jidu Auto said on Wednesday that it had raised nearly $400 million from Baidu and Zhejiang Geely Holding Group in a fresh funding round.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter