(Bloomberg) -- Baidu Inc.’s billionaire founder has shed more light on the Chinese search giant’s plans to sell robot cars around the world, revealing his intention to spin off its driver-less car division once it reaches maturity to attract funding and partners.
Baidu is among Chinese corporations that’ve joined a race with Alphabet Inc. and Uber Technologies Inc. to develop autonomous driving, aiming for mass car production by 2021. The company remains on track to hit that target despite some technology kinks that needed to be worked out, Chief Executive Officer Robin Li said in an interview with Bloomberg Television on Friday.
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access