Mainland manufacturers crazy self-driving technology | Short-based 1 trillion USD business opportunities

Technology manufacturers and traditional car dealers have recently been actively engaged in the development of self-driving technology, and in recent years, the mainland in the government's strong support, the local governments have been actively engaged in intelligent urban development to meet the driving revolution. In addition to self-driving technology, it is estimated that the global to 2040 years of car sharing services are expected to create a total of 1 trillion U.S. dollars in revenue, the mainland market has become the world's largest self-driving technology breeding hotbed, driven by a huge market demand, to help Baidu, music, such as mainland Chinese operators to seize this huge market pie. According to Business Insider reported that the mainland began to develop a self-driving technology planning and import into the city, is expected to create 1 trillion dollars in the global scale of revenue, including Xinjiang and Nanjing total of nearly 300 mainland cities and regions, have launched by artificial intelligence (AI) technology control of Intelligent city projects. These intelligent cities use cloud technology for transport, health care and public safety in several industries, such as integration across industries. Of the nearly 300 smart city projects in the mainland, 93 projects have been targeted for transport, possibly using a network infrastructure to build a certain number of self-driving cars and to build a common-ride model. In addition to driving, according to the latest industry data show that the use of common services gradually growth, is expected to 2040 for global suppliers to create 1 trillion U.S. dollar revenue. The mainland is also trying to locate itself as the country that leads the future of self-driving technology, as IHS Markit pointed out, the mainland through mobile services, self-driving technology, electric vehicles and government policies to promote the formation of the merger influence, promote the country and industry transformation. Given the rapid pace of China's regulatory decisions, it is also poised to build a self-driving market faster than any other country, even faster than the US. Specific development, such as Baidu September announced the "Apollo Fund" (Apollo Fund), the total of RMB 10 billion (about 1.52 billion U.S. dollars) of the self-driving Initiative fund, as a driving technology progress in a broad plan part. In the next 3 years, the Apollo Fund plans to invest in 100 self-driving projects. On the government side, the Shanghai International Automobile City in June set up the first mainland Smart car testing zone, which is not external unicom, with a total of 15 kilometers of testing road for about 200 vehicles for testing. The test area is provided with a camera, communication base and radar system, which can help the intelligent vehicle to drive in nearly 30 kinds of simulated environment. The Shanghai government is expected to build an intelligent car network of about 100 square kilometres in 2020 and assess the likelihood of connecting to the city's main thoroughfares.

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