DiDi Creates EV Services JV with Hainan Government and China Southern Power Grid

Today, Didi Chuxing (“DiDi”) entered into a strategic partnership with the government of Hainan Province and China Southern Power Grid (“CSPG”). Under the partnership, DiDi’s auto-solutions business, CSPG’s EV arm, and Hainan Transport Investment Holding Company Limited (“Hainan Transport Investment”) will form a joint venture to provide comprehensive EV service solutions, including the expansion of EV charging infrastructure and leasing and sales operations in Hainan.
In this major breakthrough in EV-sector public-private partnership, the parties will contribute their diverse resources to the partnership, including land resources, charging network maintenance capabilities and large-scale demand base from fleet operations. As the world largest new-energy fleet operator with over 600,000 EVs running on its platform, DiDi will leverage its data analytics and fleet management expertise to build more efficient, quality recharging services with the partners.
Hainan is the first provincial government to set a deadline for banning the sale of gas-fueled cars, and aims to have all of its vehicles on new energy by 2030. The province plans to put over 30,000 new-energy vehicles on the road by the end of 2020, to be supported by a network of over 28,000 charging points.
Hainan Transport investment is the major transportation investment vehicle wholly owned by the Hainan government. CSPG, one of China’s two state-owned power grid giants, has invested 3.1 billion yuan in building 23,000 charging points across Guangdong, Guangxi, Yunnan, Guizhou and Hainan, including the Guangdong-Hong Kong-Macao Greater Bay area.
DiDi has begun a full connection of its EV operation network into China’s national power grid system. Earlier in 2019, a similar partnership was created between DiDi and China State Grid.
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. Tens of millions of drivers who find flexible work opportunities on the DiDi platform provide 10 billion passenger trips a year.
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 and Bolt (Taxify) 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, Chile, Colombia 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.
For more information, please visit: www.didiglobal.com/news.

SHARE THIS STORY

Share on facebook
Share on twitter
Share on linkedin
Share on email

RELATED POSTS

Shrinkflation

What Is “Shrinkflation” and Why Opting For It Isn’t Companies’ Only Choice

You might have noticed grocery prices are soaring, or your usual go-to pack of chips is shrinking in size—all thanks to massive inflation. As of August 2022, the U.S. consumer price index (CPI), which measures the change in consumer prices for a specific set of goods over a period, has increased by 8.3% (year-on-year). Although it has gone down slightly from 8.6% in May, the highest it has ever been since 1981, it remains high and worrying.

Top 3 Affordable and Little-Known Smartphones to Bring Home in 2022

Top 3 Affordable and Little-Known Smartphones to Bring Home in 2022

Apple has remained at the center of the smartphone industry for years. The sleek, striking design, ever-improving chip and robust camera system of the iPhone have made it one of the most sought-after smartphones in the world. This month, Apple cemented and extended its lead in the industry by putting forward the next generation of iPhones.

5 More Business Podcasts You Need to Listen To

5 More Business Podcasts You Need to Listen To

Entrepreneurs have one thing in common—they always look for opportunities to learn and grow. To gain an understanding of running a viable business, you need to listen to the experiences of those who have emerged triumphant in the business world. A great way to do so is by tuning into a vast number of business and entrepreneurship podcasts scattered across the internet today.

5 Hobbies To Maximize Your Entrepreneurial Drive

5 Hobbies To Maximize Your Entrepreneurial Drive

Entrepreneurs are a special breed of person. They’re go-getters, risk-takers and dreamers. Yet, even the most driven entrepreneur needs to take a break from time to time. Spending every second of your day on your business is stressful, and you will lose your drive very soon. If you want to stay energetic and ready to take on new challenges at work, hobbies are what you need.

Making the Metaverse a Force for Good with the Metaverse Charity Foundation

Making the Metaverse a Force for Good with the Metaverse Charity Foundation

If you are a frequent reader of our website, you must have seen us mention The Sandbox, Decentraland and Axie Infinity. These are some of the most popular metaverses out there, and the one thing they all have in common is that they all have their origins in Asia. While Asia is home to all these metaverse projects, it suffers two main issues: the region has major rural-urban inequality as well as a significant wage difference between high-skilled and low-skilled occupations.

How Do Stores Get You to Spend More Money

How Do Stores Get You to Spend More Money?

Have you ever entered a grocery store to buy some milk but ended up with a bag full of items you didn’t even need? You’re not alone if you feel guilty for spending more money than you intended. It’s not our fault that we keep putting items in our shopping carts; we are manipulated to do so! To make sure you buy more, retailers will go all the way to carefully engineer every aspect of their store.