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Tesla Faces Strong Self-Driving Rivals in China.
- Source :
-
Wall Street Journal - Online Edition . 5/8/2024, pN.PAG-N.PAG. 1p. - Publication Year :
- 2024
-
Abstract
- Tesla is facing strong competition in China for its Full Self-Driving (FSD) technology. While Elon Musk's recent visit to China resulted in a boost for Tesla's stock, the company will have to contend with local rivals. Chinese search giant Baidu operates a Waymo-like robotaxi service and has partnered with automakers and Geely on an electric vehicle brand. Additionally, Huawei, despite facing US sanctions, has been working with automakers on autonomous driving technology. Chinese EV maker XPeng also has a self-driving system similar to Tesla's FSD. The competition in China's self-driving market is expected to be intense. [Extracted from the article]
Details
- Language :
- English
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Online Edition
- Publication Type :
- News
- Accession number :
- 177084855