The two companies plan to further strengthen their cooperation on automated driving technology and smart mobility service in China.
The Chinese internet giant Baidu has signed two contracts in Germany aimed at developing autonomous driving options. Baidu has also announced it has inked a deal with Continental Corporation for the application of artificial intelligence (AI) technology in the area of automated driving.
In April 2017, Baidu signed another strategic partnership with German automobile technology supplier Bosch and Chinese digital map providers AutoNavi and NavInfo to provide high-precision digital maps for automated driving.
Both Continental and Bosch are key auto industry suppliers, and this partnership is about Baidu leveraging its experience in machine learning and computer intelligence tech, while its new partners within the industry will focus on spurring the hardware component and systems integration piece of the autonomous systems picture. Baidu has introduced a full set of software solutions for automated driving, connected cars, and big data services for automobiles.
Automated driving is a combination of automotive and AI technologies, and requires specialist software and hardware components.
"Continental develops and provides pioneering technologies and services for the mobility of tomorrow". In the future, Baidu will work with more manufacturers to explore new cooperative models and develop a business ecosystem for automated driving and intelligent automobiles. Today, some 3,000 Bosch engineers are working on automated driving worldwide. Under the strategic guidance of "Made in China 2025" and "German Industry 4.0", Baidu seeks to proactively explore innovative cooperation with the German automobile industry. Baidu's ADSs trade on the NASDAQ Global Select Market under the symbol "BIDU".