Autonomous Vehicles

Chinese tech giant makes big push for future amid smartphone slowdown.

This project is the third self-driving infrastructure project Baidu has secured in the past week.

SoftBank is already the largest backer of Didi’s ride-hailing business.

China has made smart vehicles one of its key development areas, attracting billions of dollars of investment.

The automaker will start mass production of vehicles equipped with this system later this month.

Neolix has booked orders for nearly 300 autonomous vehicles since the beginning of 2020.

The service will cover rides of about 2.5 kilometers.

The facilities for building its satellites will be in Taizhou, Zhejiang province.