Volvo and Baidu join forces to mass produce self-driving electric cars in China
The Swedish carmaker, which is owned by Chinese auto manufacturer Geely, will offer its expertise in advanced technologies in the auto industry, while Baidu provides its autonomous driving platform Apollo. The long-term aim is for the firms to sell vehicles that meet SAE International's Level 4 standard for driverless vehicles — meaning vehicles that do not require human intervention in certain conditions — to Chinese customers. "With Baidu we take a big step forward in commercialising our autonomous compatible cars, built on Volvo's industry-leading safety technology," Hakan Samuelsson, president and chief executive of Volvo Cars, said in a statement.
- CNBC -