Didi Chuxing Starts JV Program to Build EV Charging Networks, Says CEO Cheng Wei

Date: 2017-11-02   Source: Business Wire

Cheng Wei, founder and CEO of Didi Chuxing, delivered a speech at the United Nations (Photo: Business Wire)

November 02, 2017 10:17 AM Eastern Daylight Time

BEIJING--(BUSINESS WIRE)--Cheng Wei, founder and CEO of Didi Chuxing, announced the world’s largest mobility platform is working to build its own charging networks for electric vehicles (EVs).

“We have started new joint venture projects to build our own EV charging systems. DiDi’s charging networks will not only cover our own fleet. It will also serve families and the public,” said Cheng, at a sustainable energy summit jointly sponsored by the United Nations and the Global Energy Interconnection Development and Cooperation Organization (GEIDCO), which is a key partner in DiDi’s new EV infrastructure program.

The event gathered energy ministers, as well as leading business and NGO executives from Europe, Africa, the Americas and Asia to rally for the UN 2030 goals. UN Secretary General António Guterres addressed the symposium by delivering an opening speech. “Global connectivity allows for inclusivity for energy to reach everybody’s needs,” said Guterres.

According to the International Energy Agency (IEA), more than 750,000 EVs were sold worldwide last year, compared to 547,220 sold in 2015. China has surpassed the US to be the largest carrier of electric vehicles, accounting for 40% of the EVs sold in the world, twice as big as the US.

DiDi is the world’s largest online transportation platform with more than 450 million users and 21 million drivers. As many as 25 million rides are completed on its network daily, twice as many as the rest of the world combined. The company is also working to introduce AI technology into integrated urban traffic management systems across China.

“The future of transport is new energy vehicles, and ridesharing will be a key link in promoting new energy on the road,” said Cheng. Over 260,000 EVs are running on DiDi’s network out of a global total of 2 million; making DiDi the world’s largest EV fleet operator. Cheng said the number will rise to 1 million by 2020.

“With the advance of new energy and new transmission technology, humanity has the chance to build a global ‘internet’ of energy,” said Cheng. He called for businesses and governments to work together to achieve the integration of “three internets” - the internet of information, the internet of energy, and the internet of transportation.

Besides its renewable energy projects, DiDi also invests heavily in environmentally-friendly mobility technologies, from carpooling to on-demand minibus services, to address urban congestion and pollution. In 2016, DiDi’s main carpooling services reduced road carbon emission by 1.44 million tons.

About Didi Chuxing

Didi Chuxing is the world’s leading mobile transportation platform. The company offers a full range of mobile tech-based mobility options for over 450 million users, including Taxi, Premier, Express, Hitch, Luxe, Bus, Minibus, Designated Driving, Car Rental, Enterprise Solutions and Bike-Sharing. In addition to handling over 25 million daily rides, DiDi leverages its AI capabilities to help cities develop smart transportation solutions. DiDi acquired Uber China in August 2016.

DiDi is committed to working with communities and partners to solve the world’s transportation, environmental and employment challenges using big data-driven deep-learning algorithms that optimize resource allocation. By continuously improving the user experience and creating social value, we strive to build an open, efficient, collaborative, and sustainable transportation ecosystem. In 2016, DiDi was included in Fortune’s Change the World list, and named one of the World’s 50 Smartest Companies by MIT Technology Review. In 2015, DiDi was named as a Davos Global Growth Company.