Recently towards the end of the year 2017, The Chinese online retailer JD.com has entered the autonomous driving
fray and plans invest 10 billion yuan (US$1.5 billion) in a project in
Changsha, an equipment-manufacturing hub in Hunan province.
The Beijing company, founded by internet
entrepreneur Richard Liu Qiangdong, joins the ranks of technology giants Google
and Baidu, which have been pumping billions
into the development of self-driving technology along with established car makers.
into the development of self-driving technology along with established car makers.
JD.com has been investing heavily in an automated
fleet to boost efficiency and cut costs.
The online retailer has been using drones for delivery and runs unmanned sorting centres. In September, it said it was building two electric van models with SAIC Motor and Dongfeng Motor, respectively, which would operate between the company’s distribution centres and future delivery stations in urban areas.
The online retailer is among companies that have
signed contracts with the Changsha government, which is planning to invest 41
billion yuan (US$6 billion) in new projects covering artificial intelligence,
driverless technology, robotics and the cloud, according to local media.
Local governments have been setting up special
technology zones after the Chinese government called for increased investment
in the industry and in big data, artificial intelligence and innovation.
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