Apr 28, 2023 05:26 PM

BUSINESS

In Depth: Chinese Smart-Car Makers Get Into Tesla’s Lane

By An Limin and Bonnie Cao

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The commercial prospects for autonomous vehicles are promising, but the road leading to them is bumpy as automakers continue to search for effective, affordable technology solutions. Photo: VCG

The commercial prospects for autonomous vehicles are promising, but the road leading to them is bumpy as automakers continue to search for effective, affordable technology solutions. Photo: VCG

After years of debates and trials of different technological paths to autonomous driving, Chinese smart-car makers have gradually steered toward the methods proven by Tesla Inc. and are gearing up for a race against the industry giant.

By 2024, the performance of Chinese autonomous smart cars will match that of Tesla at the end of 2022 and early 2023, said Li Auto CEO Li Xiang.

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