After cooperating with traditional auto companies such as Beiqi and Jinlong Bus, on November 8, Baidu was exposed to a new round of financing for Weimar Motors, and Tencent strived for a common lead. Although Baidu and Tencent declined to comment on this, including the two, Ali, JD, Didi and other Internet are scrambling to deploy in the automotive field, which is enough to prove the enthusiasm of Internet companies for cars. The industry believes that the automotive industry is the largest application of AI, and AI is by default the future trend of the Internet and even the technology circle. Baidu's enthusiasm for the upstream and downstream enterprises is the strategic landing of All In AI.
It is reported that Weimar is planning a round of financing of about 1 billion yuan. The round of financing was led by Baidu and promoted by Ma Dongmin, special assistant to the chairman of Baidu's board of directors. Tencent is seeking common leadership. At the same time, Tencent was exposed to the development of an automatic driving system. It is understood that Weimar Automobile was established in December 2015 as a new energy vehicle company and travel solution provider. Weimar founder Shen Hui previously served as vice president of Geely Holding Group and led the largest acquisition of Chinese auto companies - Geely acquired Volvo.
For the above investment, Baidu remained silent, which is different from its high-profile attitude of cooperation with BAIC, Jinlong Bus and Shouqi Automobile. This is not the first time that Baidu and the car companies have been sent out of capital, after the industry is still rumored that Baidu shares in the first car. In addition to Baidu, Didi also announced the entry into the field of new energy vehicles last week. The founder of LeEco Holdings Group, Jia Yueting, even bluntly reduced the shareholding of LeTV (300104), and the financing of Leshi Sports. Used in making cars.
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