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HomeTravelSelf-driving firms ramp up investment, accelerating innovations

Self-driving firms ramp up investment, accelerating innovations

A self-driving bus is tested in the city center of Guangzhou, South China’s Guangdong Province on July 26, 2022. Residents can book a free trial ride through their mobile phones. A safety supervisor will be present on each bus equipped with a red emergency brake button, full-directional laser sensors and 360-degree high-definition monitoring cameras. Photo: VCG

Several Chinese self-driving companies have announced new investments and the landing of self-driving taxi services after the nation’s first regulation on smart vehicles came into effect in Shenzhen, South China’s Guangdong Province on Monday, the Global Times learned.

These steps indicate that China’s autonomous driving technology is now accelerating into the advanced stage as a global leader, analysts said.

On Tuesday, Chinese electric car maker Xpeng Motors announced the completion of Fuyao, China’s largest autonomous driving intelligence center, in Ulanqab, North China’s Inner…

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