According to the Beijing Municipal Bureau of Economic and Information Technology official documents, Baidu has set up its new headquarter in the High-end Industry Section of China (Beijing) Pilot Free Trade Zone in Yizhuang town in Daxing District in Beijing. This is another new car-making company to settle in Yizhuang after Xiaomi Auto . In March 2021, Baidu and Geely established a joint venture, Jidu Auto , in Shanghai with a total registered capital of 2 billion yuan, Baidu holding 55% and Geely 45%, and CEO Xia Yiping. Then in June, a wholly-owned subsidiary of Baidu set up Jidu Technology...