Emailed on Friday, November 23,2018
BMW wins the license to operate the ride-hailing service in China which in direct competition with DiDi Chuxing.
DiDi is China’s largest ride-hailing operator with 90% market share. China’s ride sharing market accounted for $30 billion in 2018 and will be growing 2X in next 2 years.
Several Chinese tech companies have tied up with American and European Automobile firms to launch Electric vehicles, Level 5 Autonomous vehicles and Ride-hailing services in China which is world’s largest automobile and Smartphone market.
Volvo-Nvidia tie up / Honda-GM cruise tie up/ Toyota-Uber tie up/ Baidu Apollo Platform / Zoox-Robotaxi
Looks like, you read the whole story. Because its cool to know something real and helpful, right. We publish daily few curated articles and snippets from Business and Tech world, which directly / indirectly affects the social trends, economy and Future of jobs.
So, if you want to keep up with the world, give us a try to read our daily Newsletter. You can always unsubscribe.