Baidu is China's highest-profile competitor in a multibillion-dollar race with rival autonomous vehicle developers including Alphabet Inc.'s Waymo and General Motors Co.'s Cruise to turn their futuristic tech into a consumer product. Baidu says it already is selling navigation and other technology to automakers. It projects total sales of 10 billion yuan ($1.5 billion) based on agreements made so far, chairman Robin Li said in a conference call with reporters.
——China's Baidu races Waymo, GM to develop self-driving cars, AP
Driven by innovation, smart travel in China is blossoming. Healthy and leading technological innovation and high-level IP protection provide strong support for China's transformation from a big to powerful vehicle country.