JAC teams up with Baidu on autonomous cars
By Li Fusheng | China Daily | Updated: 2017-08-31 07:45
China's JAC Motors said on Tuesday that it will produce autonomous cars with the country's internet giant Baidu Inc, with the first mass-produced model scheduled to roll off the assembly line in 2019.
The announcement came in Shanghai, as the automaker delivered 32 cars to Baidu to collect information for high-definition maps.
JAC Motors' share price rose to a six-week high of 10.29 yuan ($1.53) on Wednesday morning, but dipped a little to close at 9.95 yuan, a 4.08 percent rise from the previous day.
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