Baidu announces it has formed a strategic partnership with Chinese automaker Geely to create a standalone electric vehicle company (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
Baidu announces it has formed a strategic partnership with Chinese automaker Geely to create a standalone electric vehicle company — – Chinese internet giant Baidu has formed a strategic partnership with automaker Geely to create a standalone electric vehicle company.