DiDi Enters Strategic Partnership with China’s State Grid EV Service
Connecting State Grid’s Nationwide Charging Network to DiDi’s Auto Solutions Platform
Building an Integrated Mobility and Energy Service Network
[Beijing-May 15, 2019] Didi Chuxing, the world’s leading multi-modal transportation platform, today finalized a strategic partnership agreement with State Grid EV Service, an affiliate of State Grid Corporation of China (“State Grid”).
Under the partnership, the nationwide network of charging points under State Grid will be connected to DiDi’s open auto-solutions platform in phases, towards creating an integrated mobility, recharging and energy-related service for the world’s largest EV fleet that leverages DiDi’s data capabilities to enhance network utilization and efficiency. Through the connection of physical shared EV fleets, charging points and mobile internet technology, the two parties will also explore new car service models to offer a more convenient and smooth EV purchasing and user experience. The cooperation will roll out first in key central and southeast provinces including Zhejiang, Fujian, Jiangsu, Shandong, Sha’anxi, Hunan and Jiangxi.
In April 2018, DiDi elevated its portfolio of auto-related services to a separate entity, Xiaoju Automobile Solutions (“XAS”). Through DiDi’s main app and a separate auto-service app, XAS works with a broad range of automakers, fleet operators and energy partners to provide integrated automobile solutions to DiDi and non-DiDi drivers and car-owners. By integrating data-informed, quality auto-finance, leasing, trading and energy services, DiDi’s auto strategy also helps create greater value for drivers and strengthen our ride-hailing network.
According to the China Association of Automobile Manufacturers, due to active policy support for electric mobility in China’s fast-growing cities, the sales of new energy vehicles in China reached 1.25 million in 2018, accounting for over 55% of the total sales globally. Ride sharing is an ideal platform to promote a more environmentally-friendly automobile and fuel industry. Through partnerships with drivers, fleets, major EV manufacturers and operators at home and abroad, DiDi is currently the largest EV operator in the world with more than 400,000 EVs operating on the platform.
State Grid EV Service is a wholly-owned subsidiary of State Grid, aiming to implement China’s energy policies, including air pollution prevention, energy conservation and emission reduction. Its core business includes operation of charging stations, EV charging technology services, car rental and sales. The partnership will include EV sales and leasing businesses, smart energy and finance-related services.
About Didi Chuxing
Didi Chuxing (“DiDi”) is the world’s leading mobile transportation platform. The company offers a full range of app-based transportation options for 550 million users, including Taxi, Express, Premier, Luxe, Bus, Designated Driving, Enterprise Solutions, Bike Sharing, E-bike Sharing, Car Rental and Sharing, and food delivery. Over 31 million drivers have found flexible work and income opportunities on the DiDi platform.
DiDi is committed to collaborating with policymakers, the taxi industry and communities to solve the world’s transportation, environmental and employment challenges with smart transportation innovations. The company is working with a growing alliance of car industry players to build out a next-generation auto-solutions and operations platform.
DiDi partners with Grab, Lyft, Ola, 99, Bolt (Taxify) and Careem in a global ride-hailing network that reaches over 80% of the world’s population across over 1,000 cities. Currently, DiDi provides ride-hailing services in Brazil under the 99 brand, operates DiDi-branded mobility services in Mexico and Australia, and provides taxi-hailing service in Japan through a joint venture. By continuously improving user experience and creating social value, DiDi strives to build a safe, open and sustainable mobile transportation ecosystem.
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