China Self-driving Sector Shifts Into Top Gear (The Asset)
Although the prediction that millions of self-driving cars would have been on the road by 2020 has proved a bit too optimistic, developments in the field are quite encouraging… And investors, realizing the huge opportunities opening up in the sector, are eager to place their bets. In China alone, self-driving companies secured around 100 billion yuan (US$15.48 billion) in investment last year, according to market estimation, and the momentum is likely to continue this year. READ MORE
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