
Investing.com-- Tesla Inc (NASDAQ:TSLA) struck a deal with Baidu Inc (NASDAQ:BIDU) to implement its advanced full self-driving features in China through the internet giant’s mapping and navigation functions, Bloomberg reported on Monday.
The world’s biggest electric vehicle maker plans to deploy its FSD services- which CEO Elon Musk has touted as a major focus point- using lane-level navigation and mapping provided by Baidu, the report said.
The report comes just a week after Baidu said that Tesla vehicles will integrate Baidu maps next month. It also comes after Musk visited China over the weekend.
Partnering with Baidu allows Tesla to clear a major regulatory hurdle in gaining access to data collection on China's public roads, now allowing it to potentially offer its full self-driving (FSD) technology in the country.
Musk recently flagged a greater push into FSD this year, as Tesla grapples with weak demand and increased competition over vehicle sales.
Musk claimed that Tesla's first robotaxi- a fully autonomous vehicle- will be unveiled in August this year.
For Baidu, the deal with Tesla represents more software usage and data collection for the internet giant. It already has EV partnerships in place with Xiaomi (OTC:XIACF) Corp (HK:1810) and Huawei, and is reportedly developing an EV with the latter.
Begin trading today! Create an account by completing our form
At One Financial Markets we are committed to safeguarding your privacy.
Please see our Privacy Policy for details about what information is collected from you and why it is collected. We do not sell your information or use it other than as described in the Policy.
Please note that it is in our legitimate business interest to send you certain marketing emails from time to time. However, if you would prefer not to receive these you can opt-out by ticking the box below.
Alternatively, you can use the unsubscribe link at the bottom of the Demo account confirmation email or any subsequent emails we send.
By completing the form and downloading the platform you agree with the use of your personal information as detailed in the Policy.