Chinese internet giant Baidu will create an electric vehicle company. Another sign of tech giants getting into the auto market. China's EV market is growing strongly and Baidu wants a slice of the pie $BIDU https://www.cnbc.com/...
First it was Apple & Hyundai now it's Baidu & Geely (parent of Volvo) partnering on an autonomous, electric car. Automobile industry now mirroring Nokia/Blackberry/Motorola being disrupted by Google/Apple. Tesla is obviously the iPhone, who's Android? https://www.cnbc.com/...