https://technode.com/2022/01/26/baidus-ev-project-jidu-secures-400-million-in-series-a/ Baidu’s EV project Jidu secures $400 million in Series A Jan 26, 2022 ... Baidu’s electric vehicle (EV) project Jidu Auto announced on Wednesday that it has raised nearly $400 million in Series A as the Chinese search engine giant accelerates the development of EVs with self-driving capabilities. Why it matters: Jidu will use the proceeds on research and development as the company aims to unveil a concept car in April later this year and release its first production model in 2023 ...