BMW Group and Baidu Join Forces to Accelerate a Development of Autonomous Driving in China

Berlin/Beijing/Munich. Baidu, Inc. (NASDAQ:BIDU) and
a BMW Group currently announced they have sealed a Memorandum of
Understanding (MoU), underneath that a BMW Group will join Apollo, the
open unconstrained pushing height by Baidu, as a house member. The
partnership was done central during Chinese Premier Li Keqiang’s
revisit to Germany on Jul 10th to accommodate with German Chancellor Angela
Merkel. The MoU outlines a commencement of a new partnership on autonomous
pushing between a BMW Group and Baidu. The dual companies find to
work together to move safe, available and intelligent mobility
practice for consumers in China.


“BMW Group and Baidu have a prolonged story of operative together on
advancing unconstrained pushing technology, and we have confirmed a
clever attribute via a years. BMW Group and Baidu have
been actively exploring a intelligent car zone and are
well-aligned in a prophesy for a destiny of unconstrained driving,” said
Ya-Qin Zhang, President of Baidu. “We wish this deepened cooperation
will move Chinese consumers intelligent and gentle product
experiences. Our aim is to accelerate a growth of autonomous
pushing technologies that align with a Chinese market,” he added.


Klaus Fröhlich, Member of a Board of Management of BMW AG for
development, said: “Strong ties between automotive and tech leaders
are a pivotal to success in a marathon towards unconstrained driving. We
are essay for unchanging record standards globally to overcome
today’s informal inequality per speed of doing and
regulatory framework. With BMW Group and Baidu fasten army we can
significantly accelerate a fixing of specific mandate and
technological approaches to spin a prophesy of unconstrained pushing into
existence for Chinese business really soon.”


The BMW Group is building an unconstrained pushing height with
record solutions for Level 3 to Level 4/5 (highly to fully
programmed driving), as good as for modernized pushing assistance systems
(Level 2). This scalable unconstrained pushing resolution is being
grown with record and OEM partners that minister knowledge,
resources and egghead skill resources for a state-of-the-art concept.


Apollo is an open height that provides a comprehensive, secure and
arguable resolution that supports all vital comforts and functions of an
unconstrained vehicle. Since a launch in July, 2017, Apollo has brought
together 118 tellurian partners opposite both automotive and technology
industries. Apollo’s success is built on a joining to enabling
developers and partners to accelerate a gait of creation by
opening capabilities and pity resources.


Today’s announcement, that follows on a heels of a recent
partnership between a dual companies on connected vehicles, marks
a subsequent turn of Baidu’s and a BMW Group’s partnership in advancing
a unconstrained pushing ecosystem.


If we have any queries, greatfully contact:


Corporate Communications


Max-Morten Borgmann, Business and Finance Communications
Telephone: +49 89 382-24118, Fax: +49 89 382-24418

[email protected]


Glenn Schmidt, Head of Business and Finance Communications

Telephone: +49 89 382-24544, Fax: +49 89 382-24418

[email protected]


Baidu International Communications, [email protected]


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About Baidu

Baidu, Inc. is a heading Chinese denunciation Internet hunt provider.
Baidu aims to make a formidable universe easier by technology. Baidu’s
ADSs trade on a NASDAQ Global Select Market underneath a symbol
“BIDU”. Currently, 10 ADSs paint one Class A typical share.


The BMW Group


With a 4 brands BMW, MINI, Rolls-Royce and BMW Motorrad, a BMW
Group is a world’s heading reward manufacturer of automobiles and
motorcycles and also provides reward financial and mobility services.
The BMW Group prolongation network comprises 30 prolongation and assembly
comforts in 14 countries; a association has a tellurian sales network in
some-more than 140 countries.


In 2017, a BMW Group sole over 2,463,500 newcomer vehicles and
some-more than 164,000 motorcycles worldwide. The distinction before taxation in the
financial year 2017 was € 10.655 billion on revenues amounting to
€ 98.678 billion. As of 31 Dec 2017, a BMW Group had a
workforce of 129,932 employees.


The success of a BMW Group has always been formed on long-term
meditative and obliged action. The association has therefore established
ecological and amicable sustainability via a value chain,
extensive product shortcoming and a transparent joining to
conserving resources as an constituent partial of a strategy.