Hyperdrive

Didi Chuxing Teams Up With 12 Automakers on Car-Sharing Platform

The Didi Chuxing application is displayed on a smartphone screen in this arranged photograph taken in Shanghai, China, on Sunday, May 22, 2016. Philippe Laffont's Coatue Management LLC, which manages more than $7 billion, has backed China's biggest ride-hailing app Didi Chuxing as it competes with Uber Technologies Inc.Photographer: Qilai Shen/Bloomberg

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By Bloomberg News

February 7, 2018 at 6:01 AM UTC

This article is for subscribers only.

China’s Didi Chuxing is teaming up with 12 automakers including the Renault-Nissan-Mitsubishi alliance to build an electric-vehicle-sharing network in the world’s largest auto market.

Didi, the dominant ride-hailing company in China, launched its car-sharing platform Wednesday, the Chinese startup said in a statement.