Jidu, Baidu’s electric car venture alongside Geely, revealed its first concept car on June 8, 2022.
BEIJING — As Chinese companies race for a slice of the world’s largest car market, they’re betting heavily on assisted driving technology.
China sold nearly 21.5 million passenger cars last year. That’s roughly the equivalent of sales in the United States, Europe and Japan combined, according to industry data accessed through the Wind database.
Electric cars have grabbed a growing share of that Chinese market. Tesla, start-ups like Nio and traditional automakers have jumped in. After initially competing on battery driving range and in-car online entertainment, companies increasingly…