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BIDU Baidu Inc

111.29
-1.30 (-1.15%)
Last Updated: 16:42:13
Delayed by 15 minutes
Name Symbol Market Type
Baidu Inc NASDAQ:BIDU NASDAQ Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -1.30 -1.15% 111.29 111.25 111.34 112.35 108.88 111.06 3,477,810 16:42:13

Baidu Partners with BMW China to Develop Next Generation Home to Vehicle Connectivity Solutions

14/06/2018 4:06pm

GlobeNewswire Inc.


Baidu (NASDAQ:BIDU)
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Baidu, Inc. (NASDAQ:BIDU) announced today that it has signed an agreement with BMW China to develop the next generation Internet of Vehicles (IoV) solutions that connects vehicles with smart home devices.

"Emerging technologies for the automotive industry have created a more comfortable, convenient, safer and smarter travel experience for consumers. New advancements in IoT, AI and hardware have transformed the 100-year-old industry with unprecedented opportunities," said Zhenyu Li, Vice President and General Manager of Baidu’s Intelligent Driving Group.

Baidu and BMW China will develop advanced solutions to connect cars and smart home devices in their initial efforts to create a more seamless home and in-vehicle experience. Consumers can control their vehicles remotely from their homes by sending voice instructions, such as turning on the ventilation, checking fuel level, locking car doors and more. In addition, the connected system can help drivers plan their journeys by checking relevant travel information stored online, determining efficient travel routes and reporting current traffic conditions.

IoV is an important part of Baidu's AI strategy and is one of the core businesses of Baidu's AI-enabled vehicle application. Baidu’s IoV solutions offer industry-leading functions in voice recognition and natural language understanding, multimodal interaction, driver monitoring, vehicle cybersecurity and more. It is one of the most competitive products with an extensive network of partners in the Chinese market, providing partners with sophisticated ecosystems and services to accelerate the application of AI in vehicles.

Key executives leading the partnership include: Zhenyu Li, Vice President and General Manager of Baidu’s Intelligent Driving Group; Dr. Markus Seidel, Vice President of BMW China; Sabine Hatz, Senior Manager of Strategy, Digital Products &Services, Digitalization Customer Interface at BMW China; Guobin Shang, Director of Baidu Intelligent Driving Group; Su Tan, General Manager of Internet of Vehicles Division at Baidu’s Intelligent Driving Group

About Baidu Baidu, Inc. is the leading Chinese language Internet search provider. Baidu aims to make a complex world simpler through technology. Baidu's ADSs trade on the NASDAQ Global Select Market under the symbol "BIDU". Currently, ten ADSs represent one Class A ordinary share.

Media Contact Baidu International Communications Intlcomm@baidu.com

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