China's Didi sets up electric car-sharing platform
CGTN
["china"]
Chinese ride-hailing giant Didi Chuxing is setting up an electric car sharing service with 12 automakers, including BYD Co Ltd, local partners of Ford Motor Co and the Renault-Nissan-Mitsubishi alliance.
Didi, which bought out Uber’s China business in 2016, said in a statement on Wednesday that it would build an “open new energy car-sharing system” that would allow members to use vehicles on demand through an app-based system.
Car sharing, along with pay-per-use models and ride-hailing, is shaking up the traditional auto industry model that is based on individual ownership, even as the market makes the seismic shift towards electric and hybrid vehicles.
Global firms are racing to get ahead in the fast-growing car-sharing market to avoid falling behind. Germany’s Daimler AG has its Car2Go service, while BMW took full control of its DriveNow service last month.
The Renault-Nissan-Mitsubishi alliance said last month it would invest as much as 1 billion US dollars over the course of five years in a bid to adapt to rapid industry changes.
Didi said the new network would also include Chinese electric carmaker BAIC, Ford partners Changan Automobile Group and Zotye Automobile, Chery Automobile, Geely Auto, KIA Motors and others.
A person familiar with Didi’s tie-up with the Renault-Nissan-Mitsubishi alliance said the partnership was about looking at the possibility of supplying all-electric battery car models for Didi’s new service.
Renault and Tesla electric cars are charging at a station at the United Nations in Geneva, Switzerland June 2, 2017. / Reuters Photo.

Renault and Tesla electric cars are charging at a station at the United Nations in Geneva, Switzerland June 2, 2017. / Reuters Photo.

“This cooperation fits with the alliance’s expansion in vehicle electrification, autonomy, connectivity and new mobility services,” Ogi Redzic, senior vice president of Connected Vehicles and Mobility Services for Renault-Nissan-Mitsubishi, said in a statement.
Didi, which dominates China’s ride-hailing market, has previously announced plans to create a domestic charging network for electric cars. The firm has said that it aims to have 1 million electric cars on its network by 2020.
In November, Didi had said that more than 260,000 electric vehicles were running on its network.
Source(s): Reuters