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China's biggest ride-hailing company to deepen focus on EVs

Ben Geman, author of Generate

Logo of Didi Chuxing. Photo: STR/AFP/Getty Images

China's largest ride-hailing startup Didi Chuxing announced Monday that it will form a joint venture with automotive giant BAIC to deepen its focus on electric vehicles, TechCrunch and others report.

Why it matters: China is the world's largest auto market and already has the largest number of EVs, too.

The big picture: Monday's announcement is another sign of two big and converging trends in transportation — the rise of shared-mobility and EVs.

Where it stands: TechCrunch writes...

"'Jingju’ — as the venture is called — is a partnership between Didi and BAIC affiliate Beijing Electric Vehicle that will develop 'next-generation connected-car systems' using fleet management, AI and other tech, according to an announcement made today."

Go deeper: Electric vehicles in China send real-time data to government

Go deeper

Ina Fried, author of Login
3 mins ago - Technology

Tech's race problem is all about power

Illustration: Eniola Odetunde/Axios

As problematic as the tech industry's diversity statistics are, activists say the focus on those numbers overlooks a more fundamental problem — one less about numbers than about power.

What they're saying: In tech, they argue, decision-making power remains largely concentrated in the hands of white men. The result is an industry whose products and working conditions belie the industry rhetoric about changing the world for the better.

Go deeper (3 min. read)Arrow
Jennifer A. Kingson
3 mins ago - Economy & Business

Mayors fear long-lasting effects of COVID-19

Data: Menino Survey of Mayors; Chart: Axios Visuals

U.S. mayors tend to be an optimistic bunch, but a poll released Thursday finds them unusually pessimistic about prospects for post-pandemic recovery.

Why it matters: In a survey of mayors of 130 U.S. cities with more than 75,000 residents, 80% expect racial health disparities to widen, and an alarming number predict that schools, transit systems and small businesses will continue to suffer through 2021 and beyond.

Go deeper (1 min. read)Arrow
Sam Baker, Danielle Alberti
23 mins ago - Health

Coronavirus hospitalizations top 100,000 for the first time

Expand chart
Data: The COVID Tracking Project, Harvard Global Health Institute; Cartogram: Danielle Alberti and Andrew Witherspoon/Axios

More than 100,000 Americans are now in the hospital with coronavirus infections — a new record, an indication that the pandemic is continuing to get worse and a reminder that the virus is still very dangerous.

Why it matters: Hospitalizations are a way to measure severe illnesses — and severe illnesses are on the rise across the U.S. In some areas, health systems and health care workers are already overwhelmed, and outbreaks are only getting worse.

Go deeper (1 min. read)Arrow