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The three automakers joined forces to enter the market for driver services.
Beijing The three major Chinese automakers Changan, Dongfeng and FAW jointly set up a platform for a new Chinese automotive mediator. The joint venture called T3 Mobile Travel Services is expected to challenge Didi, a major Chinese carpool service.
Chongqing Changan, Changan in Chongqing, said cooperation between the three automakers, which had agreed to a strategic cooperation last December, will continue Southwest China, Sunday, on its website
Didi won a tough and ruinous competition in 2016 in China against the US truck Uber and resumed its activities in China. As part of the merger, Uber participated with 17.7% in Didi, which has since benefited from its strong position in the Chinese fast-growing car market.
The three automakers were now going to join the carpool market, "It's an opportunity to transform traditional auto companies," says Changan's announcement.
The newly created platform will also attract partners from other industries. In the future, Changan, Dongfeng and FAW also wanted to cooperate in autonomous driving, the agency said. Didi, backed by major Chinese Internet companies Alibaba, Tencent and Baidu, is also experimenting with autonomous driving.
In automobile production, the three manufacturers have been cooperating with foreign car manufacturers for years. For example, Changan has a joint venture with Ford in Chongqing. Dongfeng, headquartered in Wuhan, central China, is cooperating with Peugeot-Citroen, while FAW (First Automotive Works) is operating a joint venture with Volkswagen in Changchun, northeastern China
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Tags car competition dealer Didi manufacturers
