has reportedly reaped immediate rewards with a deal for Tesla to use mapping data provided by web search company Baidu, a major step in introducing driver assistance technology in the world’s largest car market.over the weekend. The billionaire posted a picture of his meeting with the Chinese premier, Li Qiang, on X, the social network he took over in 2022.
Baidu, which dominates web search in China, will provide mapping and navigation functions to help Tesla operate its driver assistance technology, which it, according to sources cited by Bloomberg News. Mapping services – crucial to driver assistance technologies – are strictly controlled by China’s government.
Despite its name, FSD does not provide autonomous driving abilities: it requires a driver who has “hands on the wheel and is prepared to take over at any moment”. However, launching it in China couldin the country, and provide more income. It costs $8,000, or $99 a month, although it is not available in many countries.against a government he claims is censoring X, formerly known as Twitter.
The visit and report of the Baidu deal was greeted with excitement by Tesla investors, many of whom are counting on potential autonomous driving abilities to justify Tesla’s position as the world’s most valuable carmaker. Tesla’s share price rose by 6% in trading before the New York markets opened.
Source: News Formal (newsformal.com)
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