The briskly changing space of ridesharing partnerships, competition and a new rival led Google’s parent company, Alphabet to make a $1 billion round investment in Lyft.
Chinese company, Baidu, is an autonomous vehicle giant with a presence in both China and the United States, unlike Alphabet.
“Baidu chairman and CEO Robin Li said on Tuesday that the company aims to roll out driverless buses in China in 2018, produce semi-autonomous cars by 2019, and sell fully autonomous vehicles by 2021. Baidu already has more than 50 partners for its driverless car efforts, including Bosch, Continental, and Dutch mapping company TomTom.”
Read more of the original article at Slate.
The post Baidu Gives Lyft a Run for Ridesharing Space appeared first on Fleet Management Weekly.
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