China’s top three internet giants are making bets on the future of driving


At the annual Consumer Electronics Show in Las Vegas, where tech companies from all over the world gathered this week to show off, traces of the automotive ambitions of some of China’s biggest tech companies were on display too.

China’s three most important internet companies, Baidu, Tencent, and Alibaba—known collectively as BAT—are pushing into high-tech mobility, moving in tandem with policies from China’s government. Beijing has offered various incentives to boost its domestic EV sector in order to battle deadly air pollution, helping the country surpass the USas the world’s largest EV market. Meanwhile, in 2016, China’s Ministry of Industry and Information Technology (MIIT), one of the country’s tech regulators, called for (link in Chinese) “partially autonomous” vehicles to account for 50% of car sales by 2020, and “highly autonomous” vehicles to account for 15% by 2025…

Read more : Quartz, 11.01.2018