BizTrailBlazer-Blog-Chinas-BYD-and-Didi-to-Launch-Ride-Hailing-Electric-Vehicle

China’s BYD and Didi to Launch Ride Hailing Electric Vehicle

One of the biggest ride-hailing giant of China Didi Chuxing and the well known electric vehicle manufacturer BYD is planning to launch a test batch of a vehicle designed for ride-hailing services.

Last month BYD received approval from China’s Ministry of Industry and Information Technology to sell an electric sedan named D1. According to sources, D1 is completely built for ride-hailing services developed by these two companies.

The sources also told that the companies were trying to deliver these vehicles to the fleet partner companies by the end of this year. The model might come with a sliding door on the right side to prevent hitting cyclists or pedestrians. As per the reports, the vehicle will have larger legroom for rear-seat passengers.

BYD is China’s one of the biggest and most established EV players, which has sold as much as 451,000 cars last year.

However, Warrant Buffet backed BYD, which is basically based in Shenzhen refused to comment on this matter.

On the other hand, SoftBank backed Didi, which is also China’s largest ride-hailing service provider is currently developing a range of auto-related technologies.

In recent times, Didi has launched various joint ventures with companies like BYD, Volkswagen, and BAIC to develop fleet management and intelligent vehicles.

Didi also formed an alliance with various automakers to develop purpose-built vehicles for ride-hailing services back in 2018. The D1 is one of the first known models since the announcement.

This move eventually shows how various tech firms are disrupting traditional automakers during the major shift towards electric vehicles and pay per use models.

Didi is also looking to expand its operations in China, as its CEO has recently set up a goal of completing as much as 100 million orders daily, and reaching as much as 800 million monthly active users globally by the end of 2022.

Share Now

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on whatsapp
WhatsApp

get your ad spaces

BizTrailBlazer---400X700-Ads

explore other articles

BizTrailBlazer-Blog-The-Business-Model-of-Dream-11

Like many other Indians have you ever thought how Dream 11 makes money? What is the revenue model of Dream 11? Back in 2008, when India Premier League was launched, …

BizTrailBlazer-Blog-FAUG---Indian-Alternative-of-PUBG-to-Release-in-October

Following the ban of the popular mobile game PUBG in India, another Indian alternative to the famous game FAU:G was recently announced by Bollywood actor Akshay Kumar. Although the actor …

BizTrailBlazer-Blog-How-to-Stay-Safe-on-the-Internet-in-10-Ways

Thanks to the invention of the internet, we are now being able to access information like never before. However, just like any other thing, the internet has the potential of …

BizTrailBlazer-Blog-7-Best-Cybersecurity-Tools-To-Use-in-2020

Cyber Security! One of the most fascinating, yet the most complicated part about the internet. Due to increased dependency on technology the world is seeing a high number of cyberattacks, …

you may also like

7-Benefits-of-POS-System-for-your-Business---BizTrailblazer-Blog

As the world moves towards a digital world, that is technologically much more advanced, so must the way everyone runs their businesses. POS or Point of Sale system is quickly …

BizTrailBlazer-Blog-Dream-Sports-Raises-$225-Million-in-Latest-Funding-Round

The parent company of Indian fantasy sports app Dream 11, Dream Sports has raised a massive $225 million in its latest funding round. The firm prefers to call itself the …

BizTrailBlazer-Blog-MPL-raises-90-million-in-latest-funding-round

Mobile Premier League or MPL the Bangalore based e-sports and mobile gaming platform has raised as much as $90 million in a new financing round as it is looking to …

5G-and-Its-Truth---Top-5-Myths-Debunked---BizTrailBlazer-Blog

The 5th generation of high-speed mobile data, also known as 5G, is now live in multiple locations of the UK, Australia, and the US. However, since the first day of …