The new forces of China ’s new forces Xiaopeng Automobile will acquire Didi Chuxing Smart Car Development Business assets for HK $ 5.835 billion (about S $ 1 billion), and develop new smart electric vehicles based on this. It is expected to be in 2024Produce.

Comprehensive surging news and Tencent Technology reports, Didi Chuxing and Xiaopeng Automobile jointly announced on Monday (August 28) that the two parties will reach strategic cooperation.The highest total consideration, acquired Didi Smart Motor Development Business assets, and signed a strategic cooperation agreement with Didi.

It is reported that Xiaopeng Automobile will create an A -class smart electric vehicle based on this strategic cooperation. The project code "Mona" is the first product of its new brand.It is expected that the market will be launched by Xiaopeng Automobile in 2024.

Xiaopeng and Didi also said that the two parties will also cooperate around car operation, brand marketing, financial insurance services, charging facilities, international markets, and other aspects.

Cheng Wei, chairman and CEO of Didi, said that Didi has been committed to promoting the sharing, electrification, and intelligence of the travel market, and Xiaopeng has also deeply accumulated in automotive intelligence technology."The two parties will continue to deepen cooperation in many fields to jointly promote the change in the transportation and automotive industry."