00:00It's Benzinga, bringing Wall Street to Main Street.
00:03China's industry ministry granted conditional permits allowing Chang'an Automobile and BIOICA's
00:08ArcFox brand to conduct Level 3 autonomous driving tests on designated public roads,
00:13according to Benzinga. Chang'an will test its electric sedan on highways and expressways in
00:18Chongqing, while ArcFox will test in parts of Beijing after completing the required safety
00:23assessments. The move comes as Chinese and global companies report advances in autonomous driving,
00:29including Progress from WeRide, Baidu-backed Apollo Go, Tesla, and Alphabet's Waymo.
00:34For all things money, visit Benzinga.com.
Comments