Baidu Announces First Quarter 2021 Results
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BEIJING, May 18, 2021 /PRNewswire/ Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) ( Baidu or the Company ), a leading AI company with strong Internet foundation, today announced its unaudited financial results for the first quarter ended March 31, 2021. We are delighted to bring innovation across many sectors, including marketing cloud, enterprise cloud, smart transportation, autonomous driving, smart assistant and AI chip, through our decade-long investment in AI, said Robin Li, co-founder and CEO of Baidu. With AI powering the next stage of technology growth, many Baidu alumni have rejoined us, and our employees are energized from working on intelligent computing that can improve daily life and make the complex world simpler.
Korean EV industry embraces second life for used batteries
Posted : 2021-05-07 09:13
Updated : 2021-05-07 13:16
This Hyundai EV Station in Seoul s Gangdong District is capable of charging 80 percent of the IONIQ 5 s battery in 18 minutes. Courtesy of Hyundai Motor
As electric vehicle sales are growing in South Korea, one big issue coming in the foreseeable future is what to do with rechargeable batteries that outlive their useful life for a vehicle.
Lithium-ion batteries, a key component that determines an EV s driving range and performance, inevitably degrade with time and use, and they are recommended for replacement within 5-10 years due to slowing charging speeds and shorter driving range.
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