China’s Didi signs up Continental for purpose-built electric cars

The agreement between Didi and Continental follows an alliance that Didi formed with the German company and 30 other auto industry partners in April, including China’s GAC Motor and BAIC Group, as well as Toyota Motor Corp.

“Based on Didi’s practical experience on mobility as well as Continental’s advanced products and technologies … the parties will explore cooperation mainly in the areas of intelligent & connected vehicles (ICV) and customized new energy vehicles,” Didi said in a statement on Tuesday.

A vehicle adapted to Didi’s needs is expected to roll out by 2020, the company said. The two companies signed the agreement in Shanghai on Tuesday.