Elon Musk Proposed To Launch Robotaxis In China During April Visit | Old North State Wealth News
Connect with us

Investing

Elon Musk proposed to launch robotaxis in China during April visit

Published

on

BEIJING (Reuters) -Elon Musk proposed testing Tesla (NASDAQ:)’s advanced driver-assistance package in China by deploying it in robotaxis, during his recent visit to the country, the state-backed China Daily newspaper reported on Wednesday, citing sources.

Chinese officials told the Tesla CEO that China “welcomes Tesla to do some robotaxi tests in the country” and hopes it can “set a good example”, the newspaper quoted the sources as saying.

However, Chinese authorities did not immediately approve its widespread use of Full Self-Driving (FSD) functions, the newspaper added.

Before the full rollout of its FSD functions, Tesla still needs to get approval to collect and transfer data that Tesla’s cars need to train its driver-assistance features. The newspaper added that this issue wasn’t discussed in detail during Musk’s visit.

A person briefed on the matter told Reuters that Tesla is seeking to apply to launch the robotaxi tests in Shanghai, where the company’s largest factory globally is located.

Tesla and the Shanghai city government did not immediately respond to a request for comment.

The China Daily report comes shortly after Tesla CEO Elon Musk made a whirlwind weekend trip to Beijing late last month, where he met Chinese Premier Li Qiang.

Musk on the trip intended to discuss the rollout of FSD and whether Tesla could secure government approvals to transfer data overseas that could prove pivotal in its development of autonomous vehicles, Reuters previously reported.

FSD is the most autonomous version of Autopilot software and was rolled out in 2020. Its features include self-parking, auto lane changes and traffic navigation.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or
remove ads
.

Musk has abandoned a longstanding goal for Tesla to make affordable electric cars for the masses and is looking to focus on autonomous driving software, robotaxis and its humanoid robot Optimus.

Last month, the company mentioned a “purpose-built robotaxi product” that it planned to build with a “revolutionary” manufacturing process, without offering a timeline for its release.

China has been at the forefront in the development of self-driving cars, and companies such as Baidu (NASDAQ:) and Toyota-backed Pony.ai have launched robotaxi services in several cities.



Read the full article here

Trending

Copyright © 2022 ONSWM News. Content posted on the Old North State Wealth News page was developed and produced by a third party news aggregation service. Old North State Wealth Management is not affiliated with the news aggregation service. The information presented is believed to be current. It should not be viewed as personalized investment advice. All expressions of opinion reflect the judgment of the authors on the date the articles were published. The information presented is not an offer to buy or sell, or a solicitation of any offer to buy or sell, any of the securities discussed.