You are here: Home » News-IANS » Business-Economy
Business Standard

China's Shenzhen permits Tencent to test self-driving cars

IANS  |  Shenzhen 

With competing fiercely with the US for leadership in autonomous driving, its southern coastal city of has now joined and in permitting road tests for self-driving cars.

Holdings on Monday became the first company to receive the licence to conduct open-road tests for its autonomous cars, the Morning Post reported on Tuesday.

The move came only a month after China's Ministry of Industry and (MIIT) released new guidelines which gave local authorities a freer hand to arrange road tests for self-driving vehicles.

The tests are expected to move forward Tencent's from the technical stage into the application stage, Su Kuifeng, director of the firm's autonomous driving laboratory, was quoted as saying.

On the home turf, joins rival Holding and in the

became the country's first city to permit to do open-road tests about five months ago.

In March, issued licenses for self-driving cars to electric car start-up as well as the state-owned automotive design and manufacturing company SAIC Motor, the Post said.

According to a report released last month, is likely to emerge as the world's largest market for autonomous vehicles and mobility services, worth more than $500 billion by 2030.

Chinese autonomous driving players are also rushing to the US cities for road trials of their vehicles.

Drive-sharing company Chuxing Technology Co. recently got approval from (DMV) to test its self-driving vehicles.

A new list posted on DMV's website showed 53 pieces of Autonomous Vehicle Testing Permits (with a driver) had been permitted as of last Thursday, reported on Monday.

Besides Didi, many Chinese companies including Baidu, Faraday & Future, Changan Automobile, have started its test in the state, the report said.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 15 2018. 14:02 IST