China's Baidu Teams Up With Shouqi On Driverless Cars

Chinese search engine giant Baidu and Shouqi Limousine & Chauffeur, a car-hailing operator, are joining up to develop driverless vehicles, the official Xinhua media service reported on Saturday. Baidu will provide Shouqi with its Baidu Map service, while Shouqi will help Baidu develop high-precision maps for self-driving cars. Baidu will also offer software and hardware to help the new vehicles navigate using artificial intelligence technology.

Also Read: China's Baidu Launches $1.5 Billion Autonomous Driving Fund

The Chinese internet company is trying to reshape its business around AI and autonomous driving, a strategy that has raised concerns among some investors.

Shouqi Limousine & Chauffeur, a subsidiary of the state-owned Shouqi group, operates in more than 50 cities in China.

Also Read: Chinese Tech Giant Baidu Plans to Start Mass-Production of Driverless Cars in 5 Years

Baidu recently signed an agreement with BAIC Group to mass produce level 4 autonomous vehicles by 2021. It is targeting mass production of autonomous buses with King Long by 2018.

(Reporting by Dominique Patton; editing by Alexander Smith)

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)