China is preparing for a trillion-dollar autonomous-driving revolution
|12/15/2017||Posted by BusinessMediaguide.Com under General World News||
- China is eager to develop smart cities to cater to an autonomous-driving revolution.
- Nearly 300 Chinese regions and have already introduced projects for “smart cities” controlled by artificial intelligence that can be optimized for autonomous transportation.
- In addition to autonomous driving, ride-sharing and ride-hailing services are projected to generate a collective $1 trillion in revenue by 2040.
China has begun preparing programs and cities for an autonomous driving revolution expected to generate $1 trillion in revenue globally, the South China Morning Post reported.