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Beijing to Support Self-Driving Cars in Ride-Hailing Services, Stocks Surge
Jul 9, 2024, 02:51 AM
Beijing plans to support the use of self-driving cars in online ride-hailing services, according to Chinese state media. The initiative includes legislative support for robotaxis and the integration of autonomous driving vehicles into public transportation, ride-hailing, leasing services, and car rental fleets. This announcement has led to a surge in stocks of self-driving technology companies and transportation system startups.
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