Didi announced on March 7 they have signed a strategic cooperation agreement with BAIC Group to build new energy vehicles, which will be used to run a car rental business that Didi is preparing to launch in the first half of this year, according to the press release.

Didi will stack the car rental operator with intelligent car rental business management capabilities, drivers, fleet operations and management capabilities, and provide personnel training, financial solutions and other system operations programs.

At present, Didi’s “rent a car and drive for yourself  (自驾租车)” has entered the adjustment phase (Chinese source), and no car is available at the moment. The spokesperson from Didi said the new car rental service will be based on an hourly fee.

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Eva Yoo

Eva Yoo is Shanghai-based tech writer. Reach her at evayoo@technode.com