Utilizing Chinese Technology for Self-Driving Cars

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Tesla's agreement with Baidu to utilize Chinese data and navigation technology for their self-driving cars clears regulatory and systems hurdles, marking the initial step towards autonomous driving capability in China. This reflects the trend of foreign companies like Tesla incorporating Chinese technology into their operations, showcasing collaboration and advancement in the country's car market.

Strong sales at Amazon’s cloud computing division helped the Big Tech giant beat analyst estimates for revenue and profit, private capital is playing a growing role in the green energy transformation, and foreign carmakers are teaming up with Chinese technology groups to compete in the local market.

Mentioned in this podcast:

Amazon’s strong cloud sales help power revenue gains

Can private equity accelerate the green transition?

Jeremy Hunt warns FCA against ‘naming and shaming’ business

‘Everything has changed’: foreign auto groups embrace local technology in China

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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