• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Editor's Pick

Beijing unveils plans to boost driverless vehicle use in capital

by December 31, 2024
written by December 31, 2024

By Qiaoyi Li and Brenda Goh

BEIJING (Reuters) – China’s capital Beijing passed new regulations on Tuesday to encourage autonomous driving technology in the city, with authorities planning to eventually allow driverless public buses and taxis.

Autonomous vehicles that pass road testing and safety assessments will be allowed to apply for road trials, the state-backed Beijing Daily newspaper reported, which said the new regulations take effect from April 1.

The city supports the use of autonomous vehicles for private cars, urban buses, trams and taxis, it said, adding that it wants to encourage the construction of intelligent road infrastructure to support such transport.

In a separate notice published on Monday, the central Chinese city of Wuhan also said it had approved regulations to promote the development of intelligent connected vehicles.

Chinese authorities have been aggressively greenlighting trials for self-driving technology with at least 19 cities conducting robotaxi and robobus tests, Reuters reported in August.

Companies with large robotaxi fleets in use in China include Apollo Go, a subsidiary of technology giant Baidu (NASDAQ:BIDU), which plans to deploy 1,000 robotaxis in Wuhan by end-2024.

Pony.ai, which floated in the U.S. market in November, plans to expand its robotaxi fleet nationwide to over 1,000 by 2026 from 250 this year.

Other firms exploring robotaxi opportunities in the world’s largest auto market include WeRide, AutoX and SAIC Motor.

U.S. EV giant Tesla (NASDAQ:TSLA) also aims to bring full self-driving (FSD) to China in the first quarter of 2025, pending regulatory approval, and has said it will start producing its own robotaxi in 2026.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Bill Ackman expects Trump to privatize Fannie Mae and Freddie Mac
next post
Cocoa tops global commodities rally for 2nd year, steel ingredients struggle on China demand

You may also like

Trump’s Colombia tariffs on hold after Bogota agrees...

March 13, 2026

Analysis-To weather Trump, emerging market investors look to...

March 13, 2026

Fuji Media, rocked by sexual misconduct allegations, says...

March 13, 2026

China central bank conducts 1.7 trln yuan of...

March 13, 2026

European tech shares tumble as China’s AI push...

March 13, 2026

ECB president fears loss of central bank independence

March 13, 2026

Futures slip as investors eye China’s latest AI...

March 13, 2026

How billionaire Caltagirone could influence Italy’s banking M&A...

March 13, 2026

Markets may be repeating the mistake of 2019,...

March 13, 2026

How Italy’s MPS went from near collapse to...

March 13, 2026
Sign up and get the scoop before anyone else—fresh updates, and secret deals, all wrapped up just for you. We're talking juicy tips, fun surprises, and invites to events you actually want to go to. Don’t just watch from the sidelines—jump in and be part of the magic!








    By signing up, you're cool with getting emails from us. Don’t worry — your info stays safe, sound, and strictly confidential. No spam, no funny business. Just the good stuff.

    Recent Posts

    • Trump administration alleges Nike discriminated against white workers

      March 13, 2026
    • Landmark trial accusing social media companies of addicting children to their platforms begins

      March 13, 2026
    • Retail operator of outdoor sportswear pioneer Eddie Bauer files for bankruptcy

      March 13, 2026
    • Cardi B’s cameo in Bad Bunny’s Super Bowl halftime show leads to dispute on prediction markets

      March 13, 2026

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (690)
    • Stock (6,426)

    Latest News

    • Trump administration alleges Nike discriminated against white workers
    • Landmark trial accusing social media companies of addicting children to their platforms begins

    Popular News

    • Trump vs Harris: Danske Bank unpacks what it means for US-China relations
    • Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

    About The Significant deals

    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy