Tesla receives approval from China for autonomous driving technology
Tesla CEO Elon Musk received the permission he requested from the authorities to implement fully autonomous driving in the country. Tesla shares rose 12 percent after the development.
Elon Musk, owner of the US electric vehicle manufacturer Tesla, received approval from China, his second largest market, to launch the advanced version of autopilot technology, autonomous driving technology.
Sources close to the matter reported that Musk, who visited China, was approved under certain conditions. It was stated that Tesla overcame 2 important difficulties; To use autonomous driving services based on mapping and navigation provided by Chinese technology giant Baidu and to meet the required requirements regarding data security and privacy.
Musk, who was in talks with political officials in China to launch autonomous driving technology, met with Chinese Prime Minister Li Jiang. During the meeting, Li stated that China’s large-scale market will always be open to foreign companies and that they will provide greater access to the market and better service assurance. .
Tesla shares rose 12 percent after the news.