- Tencent, one of China’s largest tech firms and the maker of WeChat, already has a prototype and is testing the system internally.
- If the company’s autonomous driving tests go well, it would help Tencent catch up with fellow Chinese tech giant and rival Baidu, which recently launched a $1.5 billion investment fund as part of Apollo, its autonomous vehicle initiative, and plans to mass produce Level 4 self-driving cars by 2021 with BAIC Group.
- Tencent recently announced an alliance to work on AI technology for autonomous cars.
- Tencent’s auto and driving-related investments include Nio, Didi Chuxing, and a 5% stake in Tesla.
