China · The Guardian Technology
‘Look, no hands’: China chases the driverless dream at Beijing car show
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At the world’s biggest car fair, which opened in Beijing on Friday, there were hundreds of manufacturers, more than 1,000 vehicles, hundreds of thousands of enthusiasts – and hardly anyone behind a wheel.
Key facts
- On Friday, the company announced a goal for 10m global annual sales by 2030, up from 5m in 2025
- And Huawei, the telecommunications group, revealed this week that it would be investing up to 80bn yuan (£8.7bn) over the next five years to develop its autonomous driving software and computing power
- Chinese companies are expected to account for one in every 10 new cars sold in Britain in 2025
- At the Beijing Auto Fair, a huge industry event that covers 380,000 square metres on the outskirts of the capital, the country’s carmakers showed off a range of intelligent driving technologies
Summary
China’s car companies have cornered the domestic electric vehicle market, and are increasingly visible on the global stage. At the Beijing Auto Fair, a huge industry event that covers 380,000 square metres on the outskirts of the capital, the country’s carmakers showed off a range of intelligent driving technologies. In China’s cut-throat domestic market, nearly every big carmaker is investing heavily in the software and computing power needed to make “hands-free” driving a reality as they compete to offer additional perks and find new ways to generate revenue. And Huawei, the telecommunications group, revealed this week that it would be investing up to 80bn yuan (£8.7bn) over the next five years to develop its autonomous driving software and computing power.