Bloomberg : Baidu Enters Global Race For Driverless Car Domination

(RTTNews) - China's search engine giant Baidu Inc. (BIDU) has joined efforts to push the automobile industry to the driverless-car era, Bloomberg reported.

Wang Jing, senior vice president in charge of the company's autonomous driving efforts, believes that China has good chances of dominating the field.

Baidu joins a crowded field. Google Inc., which started developing autonomous cars in 2009, has tested self-driving vehicles for more than 2 million miles and is considering making its self-driving car unit a stand-alone business under the Alphabet Inc. corporate umbrella later this year.

Tesla Motors Inc. Chief Executive Officer Elon Musk has said his customers will be able to summon an electric car to drive autonomously from Los Angeles to New York within two years. General Motors Co. and Ford Motor Co. are also in hot pursuit of this emerging market.