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Alibaba's self-driving tech ready for open road testing

Published 04/16/2018, 02:52 PM
© Reuters.  Alibaba's self-driving tech ready for open road testing
BABA
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  • Alibaba (NYSE:BABA) is hiring 50 self-driving vehicle experts as it ramps up its testing program, according to the company-owned South China Morning Post (via Engadget).
  • Alibaba is working on Level 4 tech, which means the self-driving car can fully drive itself without human intervention in certain circumstances. The Morning Post says Alibaba’s tech is ready for open road testing.
  • Competitor Baidu last month received permission from the Chinese government to test its autonomous vehicle tech on roads in Beijing. Tencent also has that testing approval.
  • Alibaba shares are up 1% to $173.79.
  • Now read: Is Alibaba A Better Buy Than Tencent?


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