DiDi, the Uber-like online ride-hailing service provider, has announced that it will partner with Chinese electric vehicle manufacturers, including Deepal, GAC, and BYD, to bring over 100,000 Chinese-made EVs to Mexico, the biggest Chinese car importer, according to Bloomberg. DiDi will be directly in competition with Uber Mexico.

Additionally, the company plans to build more than 10,000 public charging stations in Brazil to support the growing EV infrastructure.

In China, DiDi has a long history in the electrification of ride-hailing services. By the end of 2023, more than 4 million NEVs were registered on the DiDi platform, including approximately 3.5 million BEVs. In 2023 alone, over 57% of the total service mileage on DiDi’s platform was provided by EVs.

According to a DiDi Mexico representative, switching from fuel-powered vehicles to EVs can reduce greenhouse gas emissions by over 70%. By 2030, the initiative is expected to help cut more than 500,000 tons of carbon dioxide emissions in Mexico, equivalent to planting 8.5 million trees over the next decade.

DiDi’s globalization journey began in 2018 with its expansion into Brazil. That year, the company acquired the 99, the country’s largest online ride-hailing platform. DiDi later launched a food delivery service under the brand 99 Food. Together, these services now serve over 550 million users and cover more than 3,400 cities and towns nationwide. It competes directly with iFood, the market’s dominating platform with over 80% of the market share.

According to Didi’s newly released Q4 2024 financial report, Didi’s international business recorded a total of 3.613 billion orders in 2024, with a Gross Transaction Value (GTV) of 91.3 billion yuan (12.9 billion USD), representing a year-on-year growth of 34.8%. In the fourth quarter alone, international orders reached 1.016 billion, up 29.8% year-on-year, with average daily orders during the quarter exceeding 11 million.

Source: Weibo