Reuters exclusively reports Baidu considers making own electric vehicles

Reuters reported exclusively that China’s Baidu Inc is considering making its own electric vehicles and has held talks with automakers about the possibility, the latest move in a race among tech firms to develop smart cars. Baidu has held preliminary talks – without reaching any decisions – with automakers, including Zhejiang Geely Holding Group Co Ltd, Guangzhou Automobile Group Co Ltd and China FAW Group Corp Ltd’s Hongqi, on a possible venture.