Seoul, South Korea’s high carmaker Hyundai Motor and its affiliate Kia mentioned on Sunday that they’ve inked an settlement with China’s tech large Baidu to develop applied sciences for related vehicles.
Underneath the memorandum of understanding signed in Beijing final week, the 2 South Korean carmakers and Baidu will be part of palms in a wide selection of areas, together with connectivity and self-driving applied sciences.
Hyundai and Kia may even utilise Baidu’s sensible cloud computing know-how to deal with Beijing’s enhancing information rules, stories Yonhap information company.
The South Korean firms will search to search out new enterprise fashions harnessing synthetic intelligence applied sciences with the Chinese language counterpart as nicely, they added.
“Via the strategic collaboration with Baidu, we are going to make efforts to determine the ecosystem for related vehicles within the Chinese language market,” Hyundai and Kia mentioned in a press launch.
The settlement got here amid the rising marketplace for related vehicles in China.
The annual gross sales of related vehicles in China are anticipated to succeed in 17 million items this yr, marking a pointy rise from 7.2 million items tallied in 2019, Hyundai mentioned, citing Chinese language information.
Hyundai and Kia have been working carefully with Baidu since 2014, together with the event of voice recognition know-how.
