Alibaba Group to develop self-driving trucks with logistics unit Cainiao
Chinese e-commerce leader Alibaba Group Holding Ltd plans to develop self-driving trucks with logistics subsidiary Cainiao, Chief Technology Officer Cheng Li said on Thursday
 "The logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang province, China")
The logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang province, China
HANGZHOU, China/BEIJING (Reuters) - Chinese e-commerce leader Alibaba Group Holding Ltd plans to develop self-driving trucks with logistics subsidiary Cainiao, Chief Technology Officer Cheng Li said on Thursday.
Cheng also said Cainiao aims to introduce 1,000 autonomous delivery robots in China over the next year.
The announcement comes as dozens of startups, automakers and large technology firms, such as internet search leader Baidu Inc, accelerate work on self-driving vehicle systems, which are widely expected to bring a sea change to the transportation industry.
Other self-driving truck makers include U.S. firm TuSimple Holdings Inc, which listed shares in April.
(Reporting by Yilei Sun and Tony Munroe; Editing by Christopher Cushing)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: Jun 10 2021 | 10:19 AM IST