Baidu ‘self-driving’ cars to hit roads in 3 years
Online search giant Baidu Inc said that it has set up a new business unit to spearhead its automobile efforts and plans to put self-driving cars on the road in the next three years.
The Beijing-based company, which successfully completed the test drive of its self-driven car on various roads last week, said it intends to mass-produce the vehicles within five years.
only company betting on the future of self-driving technology and Internet-enabled cars. Tech giants like Google Inc and Samsung Electronics Co have already made their presence felt in the sector with autonomous driving technologies.
In China, Baidu’s Internet rival Alibaba Group Holding Ltd and Leshi Internet Information and Technology Co are also moving into car-related businesses by teaming up with automobile makers.