Continental and Baidu announce strategic cooperation
A technology company and internet company are coming together to establish a strategic cooperation in the areas of automated driving, connected vehicles, and intelligent mobility services. Continental, a technology company that employs more than 227,000 people in 56 countries, and Baidu, one of the biggest internet companies in China, expect an effective technical alliance due to their respective expertise in automotive components and internet technology. By using complementary resources and technology know-how, both partners intend to develop technologies, products, and business models that will provide comprehensive and reliable solutions.
“Continental develops and provides pioneering technologies and services for the mobility of tomorrow. Baidu is one of the most important Internet companies in China. With our strategic collaboration, we will take intelligent mobility an important step further,” said Continental Chairman of the Executive Board Dr. Elmar Degenhart.
“Artificial intelligence has great potential to drive social development, and one of AI’s biggest opportunities is intelligent vehicles. By joining hands with Continental, we are striving to upgrade intelligence in the automobile industry and develop a new ecosystem of intelligent mobility and automated driving, thus empowering existing industries and new ones,” Mr. Qi Lu, Group President and Chief Operating Officer of Baidu, emphasized.
Under the agreement, Continental and Baidu will collaboratively explore such fields as sensor systems and software for advanced driver assistance systems and automated driving, applications for Baidu’s Apollo platform—including artificial intelligence, cyber security, and connected cars—as well as road test, data collection, and analysis for automated driving.