tech
‘Look, no hands’: China chases the driverless dream at Beijing car show
As domestic sales slow, manufacturers are investing in AI and seeking growth in technology and in overseas markets
TL;DR
- Chinese car companies are heavily investing in autonomous driving technology, aiming to lead the future of mobility.
- The competitive Chinese market necessitates new revenue streams, with AI-powered software and features becoming key.
- Domestic car sales in China have declined, prompting a focus on export growth.
- Companies like Chery are rapidly expanding in the UK market and have ambitious global sales targets.
- Huawei is investing significantly in autonomous driving software and computing power.
- Chinese automakers are looking to compete with global robotaxi firms by deploying driverless taxis.
- Regulatory hurdles and technical challenges remain for widespread adoption of robotaxis in China.
- Chinese carmakers are targeting smaller markets like the UK and Canada due to tariffs in the US and EU.
- The UK is seen as a favorable market due to its openness to Chinese EVs.