Kandi to Cooperate With Alibaba, Uber on Electric Car Eco-System
- Firms to explore cooperation on car sharing and other areas
- Strategic manifesto comes after China's `Internet Plus' plan
workers push an EV past electric vehicles displayed at a parking lot of Zhejiang Kandi Vehicles Co., Ltd, in Hangzhou.
Source: Imaginechina via AP ImagesKandi Technologies Group Inc. plans to work with companies including Alibaba Group Holding Ltd., Uber China and China Minsheng Banking Corp. to promote connected electric cars.
Zhejiang Geely Holding Group Co. and ZTE Corp. are the other companies that signed a manifesto in Hangzhou, China, on Tuesday. The companies will form a group of strategic partners to work together on areas conducive to promoting connected electric cars. Alibaba will support the initiative with its Big Data analytics and cloud computing services, ZTE will provide its wireless charging technology while Uber will contribute with its car-sharing know-how.