DIDI's dream of delving into the transportation and automotive industries is being realized in another way.On the morning of August 28th, DIDI and XPENG jointly announced that they would reach a strategic cooperation. According to the cooperation content, DIDI will sell its holding subsidiary responsible for the smart car business to XPENG Automobile for HKD 5.835 billion (USD 744 million) with conditions.It is reported that after this strategic cooperation, DIDI will cooperate with XPENG in multiple fields, including the research and development of new intelligent electric vehicles, as well as the operation, marketing, financial and insurance services, charging, autonomous driving, and joint development of the international market with XPENG Motors on the DID

Nowadays, the official data released is getting fewer and fewer, and the morning of the first day of Media Day is slightly deserted. In the afternoon, ordinary audiences are gradually entering, and the crowd is still surging. But looking over the entire first weekend, it wasn't even as exciting as the Chengdu Auto Show that was cut off last year, and even the scalpers at the entrance were a bit disappointed. In the entire joint venture car industry segment, there are only two booths worth visiting: one is the Ford Beyond that showcases Bronco and Ranger (strictly not a joint venture), and the other is the Hyundai that released the performance car Elantra N (which is actually an imported car). In every car show these years, we have been talking about the increasing volume of the domes