ByteDance denies plans to build cars

ByteDance confirms it is not developing vehicles or launching an automotive brand. The company clarifies that Saidou is not a car brand and has no equity partnership with the entity behind Saidou. ByteDance's collaboration with automakers via Doubao and Volcano Engine focuses on AI technologies like large language models and smart cockpit solutions for in-vehicle user experiences. The company denies claims linking Saidou to automotive manufacturing.