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Aya Lin · · 1 min readIn brief: Didi makes its autonomous driving unit a separate entity
- Didi Chuxing has formed an independent company for its automated driving division in a bid to focus on research and development, product application, and business development in the sector, the Chinese ride-hailing giant announced Monday, reported CX Live.
- The new company, whose name has not been disclosed, will integrate Didi’s existing technical resources, increase investment in core technologies, and deepen cooperation with both upstream and downstream industry chains, Didi said.
- The move follows the company’s decision to set up independent entities for its ride-hailing and car-owner service units as the company expands into new sectors.
- Zhang Bo, Didi’s current CTO, will become the new firm’s CEO while retaining his current position.
Editing by Jaclyn Teng
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