Baidu Inc. (Nasdaq: BIDU) web mapping service Baidu Maps announces it provides map data service for Tesla Inc. (Nasdaq: TSLA) earlier today. Tesla’s official Weibo account said.
(Sourece: Tesla’s official Weibo)
According to National Business Daily, Baidu Maps will use the Scalable Vector Graphics (SVG) API technologies, providing Tesla with map data services such as map display, real-time road conditions and POI retrieval. In addition, Baidu Maps provides services that support free scaling with lossless image quality, and icons can rotate 360 degrees freely with the base map.
Baidu Maps is released in 2005, it already cooperated with China Southern Power Grid and Tgood to launch a map of EV charging locations, which is convenient for new energy vehicle owners, based on the company's introduction.
This search engine giant map services said it released the world's first map voice customization function in September 2019. And the company also develops self-driving cars and delivers various internet-related services last yeat.
Baidu also in considerations for a listing in Hong Kong to follow in the footsteps of Alibaba (NYSE: BABA), after it raised $109.1 million in its initial public offering in New York in 2005 for shares priced at $27 apiece.
Shares of Baidu rising 66 cents, in trading of $140.15 at New York today.