ByteDance says it has no plans to build cars or launch an automotive brand
ByteDance on Saturday denied recent speculation that it is developing its own vehicle or automotive brand, after some media reports linked the name Saidou to the company’s AI assistant Doubao. In a statement, ByteDance said claims that Saidou is a Doubao car brand or evidence of the company entering the automotive manufacturing sector are inaccurate. Saidou is neither a vehicle brand launched by ByteDance nor by Doubao, and ByteDance has no equity partnership with the company
ByteDance has officially refuted rumors suggesting its involvement in car manufacturing or the creation of an automotive brand. The company clarified that the name "Saidou," which was linked to its AI assistant Doubao in media reports, is not a vehicle brand associated with ByteDance. ByteDance stated it has no equity partnerships with the company behind the "Saidou" brand. Instead, the tech giant emphasized its ongoing collaborations with automakers through Doubao and its Volcano Engine cloud platform.
This clarification is important as it addresses speculation about ByteDance's potential expansion into a new industry, confirming their focus remains on providing AI and cloud technology solutions to the automotive sector.
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