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Electric Vehicles Specifically Designed for Ride-Hailing Will Soon Hit China’s Roads

Ding Yi / Dec 30, 2020 06:11 PM / Business & Tech

The purpose-built D1 electric taxi, developed by China’s Didi Chuxing and automaker BYD, will soon hit the country’s roads.

Mobile Energy Global (MEG), a unit of fintech firm Ideanomics engaged in promoting the commercial application of electric vehicles, has signed an agreement to purchase 2,000 D1s to be deployed as taxis via Didi’s ride-hailing app in multiple cities, according to a company statement on Monday.

The deal was made between MEG, its contracting entity Qingdao Chengyang Medici, and Didi-BYD joint venture Meihao Chuxing. Delivery of the D1s is expected to begin in the first half of 2021, according to the statement.

In November, Didi and BYD launched the D1 as the world’s first fully electric vehicle designed for ride-hailing produced at volume. The car features an assisted driving system and is connected to a fleet management platform that helps optimize vehicle usage and energy management.

The D1’s commercial use stems from Didi’s efforts in 2018 to establish an alliance with a number of conventional carmakers with the aim of developing purpose-built taxis. Earlier this year, Didi set itself the target of completing more than 100 million trips a day and having 800 million monthly active users globally by 2022.

Contact reporter Ding Yi (yiding@caixin.com)

Related: BYD’s EV Battery Recycling Goes Global with Itochu

 


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