Baidu, Shouqi team up to develop technology for self-driving vehicles
Chinese search engine giant Baidu and Shouqi Limousine & Chauffeur, a car-hailing operator, are joining up to develop technology for self-driving vehicles, the official Xinhua media service reported on Saturday.
Baidu will provide its Baidu Map service and will offer software and hardware for self-driving vehicles. Shouqi will help Baidu develop high-precision maps for self-driving vehicles.
Baidu is trying to reshape its business around artificial intelligence and autonomous driving, a strategy that has raised concerns among some investors.
Shouqi Limousine & Chauffeur, a subsidiary of the state-owned Shouqi group, operates in more than 50 cities in China.
Baidu recently signed an agreement with BAIC Group to mass-produce Level 4 autonomous vehicles by 2021. It is targeting mass production of autonomous buses with King Long by 2018.
Baidu will provide its Baidu Map service and will offer software and hardware for self-driving vehicles. Shouqi will help Baidu develop high-precision maps for self-driving vehicles.
Baidu is trying to reshape its business around artificial intelligence and autonomous driving, a strategy that has raised concerns among some investors.
Shouqi Limousine & Chauffeur, a subsidiary of the state-owned Shouqi group, operates in more than 50 cities in China.
Baidu recently signed an agreement with BAIC Group to mass-produce Level 4 autonomous vehicles by 2021. It is targeting mass production of autonomous buses with King Long by 2018.
