Deals
Volvo in Pact With Baidu to Develop Autonomous Cars for China
- China-made self-driving vehicles planned ‘after 2020’: CEO
- Volvo already has autonomous software partnership with Veoneer
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Volvo Cars and Baidu Inc. are joining forces to develop robotaxis in China, set to become the world’s top market for driverless vehicles.
Baidu, China’s biggest search engine, is aiming to match Alphabet Inc.’s push into the technology through Waymo and has signed a number of deals for self-driving cars with collaborators. In July, Baidu unveiled Apollo 3.0, the latest iteration of its open-source platform that counts more than 100 partners from chipmakers to car manufacturers.