• Home
  • Latest
  • Coins2Day 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechElectric vehicles
Asia

China EV makers bet on self-driving models to fend off Tesla

By
Linda Lew
Linda Lew
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Linda Lew
Linda Lew
and
Bloomberg
Bloomberg
Down Arrow Button Icon
November 18, 2024, 3:31 AM ET
Li Auto's MEGA at the 22nd Guangzhou International Automobile Exhibition in Guangzhou, Guangdong province, China on Nov. 15, 2024.
Li Auto's MEGA at the 22nd Guangzhou International Automobile Exhibition in Guangzhou, Guangdong province, China on Nov. 15, 2024. Deng Hua—Xinhua/Getty Images

Autonomous driving and artificial intelligence are the buzzwords at this week’s Guangzhou auto show — the last major gathering of Chinese carmakers for the year.  

Recommended Video

With Elon Musk’s Tesla aiming to bring what it markets as full self-driving to China in the first quarter of next year, pending regulatory approval, domestic electric car manufacturers are telling customers that their advanced driving-assistance services — which can navigate highways or busy city streets — are coming very soon, if they’re not already here.    

Last week, Xiaomi’s chairman Lei Jun conducted a livestream test drive of the SU7 EV going from “parking spot to parking spot.” The feature, to be trialed with a select group of owners and media, is inspired by Tesla’s FSD end-to-end technology, which uses cameras and large AI models to make real-time driving decisions, rather than relying on engineers to code rules to simulate driving, Lei said. 

“Parking spot to parking spot means starting from a parking spot to the one at the destination, using smart driving the whole way,’’ Lei said during the livestream. “This technology is magical. It’s also the most advanced technology in assisted-driving today. It was first released by Tesla in the U.S. In January. Our peers in China all have started to try to catch up in this new frontier. Xiaomi is in a relatively leading position in this field,” he said. 

Although the safety and reliability of driver assistance systems are still in question — with lawsuits and a U.S. Federal probe being mounted into Tesla’s Autopilot and FSD systems — many in the industry are betting on autonomous-driving technology as the future of mobility and are racing to stay ahead of competitors in the field. 

Indeed, Musk has staked Tesla’s future on solving self-driving. He last month unveiled the prototype Cybercab, though admitted the robotaxi — which has no steering wheel or pedals — will likely only go into production in 2026 at the earliest. 

Geely’s premium Zeekr EV brand also used the Guangzhou show to launch version 2.0 of its smart driving solution — which includes end-to-end technology — and plans to roll out urban navigation to the entire country by the end of the year. The EV maker is also considering releasing its ADAS technology for the global market in the future.

Chen Qi, who joined Zeekr in 2021 after running Huawei’s autonomous driving unit, said that while Tesla’s FSD will put pressure on Chinese EV makers, it’s a good thing as it will promote more competition and innovation. And China’s homegrown engineers are more than capable of coming up with good technology, he said.

“China’s talent in algorithms or software is more abundant than what’s found in some other countries,’’ Chen said. “Looking globally at those who are working on intelligent driving, other than Chinese companies, the most advanced is Tesla.’’

“And China has unique road conditions and regulatory requirements, so when Tesla enters the market next year, it may not adapt straightaway,” he said.  

Search giant Baidu and Geely’s joint venture Jidu Auto, also known as Jiyue in China, has pushed the envelope and applied AI to their electric hypercar, the Robo X. The racer can accelerate from 0 to 100k/hr in just 1.9 seconds and has a range of 650 kilometers (403 miles) on a single charge. 

While the price hasn’t been set, customers can put in an order with a 49,999 yuan ($6,900) deposit. 

“The Robo X is almost like an experiment to be able to push the boundaries for the future of AI autonomous driving and also the AI experience for any mobility products,” Frank Wu, the head of design at Jidu, said at the auto show over the weekend.

Xpeng, Li Auto and Great Wall Motor were among other carmakers who unveiled their latest intelligent driving offerings at the show, which runs in Guangzhou until Nov. 24.  

“Faster speed, more accuracy, better electric output efficiency, better aerodynamics and driving balance,” Wu said. “AI can make cars do everything better.’’ 

Join us at the Coins2Day Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Linda Lew
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

© 2026 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Future of Work
Ford CEO has 5,000 open mechanic jobs with up to 6-figure salaries from the shortage of manually skilled workers: 'We are in trouble in our country'
By Marco Quiroz-GutierrezJanuary 31, 2026
1 day ago
placeholder alt text
Economy
'I just don't have a good feeling about this': Top economist Claudia Sahm says the economy quietly shifted and everyone's now looking at the wrong alarm
By Eleanor PringleJanuary 31, 2026
2 days ago
placeholder alt text
Success
Ryan Serhant starts work at 4:30 a.m.—he says most people don’t achieve their dreams because ‘what they really want is just to be lazy’
By Preston ForeJanuary 31, 2026
2 days ago
placeholder alt text
Big Tech
The Chan Zuckerberg Initiative cut 70 jobs as the Meta CEO’s philanthropy goes all in on mission to 'cure or prevent all disease'
By Sydney LakeFebruary 1, 2026
15 hours ago
placeholder alt text
Success
U.S. Olympic gold medalist went from $200,000-a-year sponsorship at 20 years old to $12-an-hour internship by 30
By Orianna Rosa RoyleFebruary 1, 2026
9 hours ago
placeholder alt text
Economy
Meet the first CEO of the IRS: A Jamie Dimon protégé facing a $5 trillion test this tax season
By Shawn TullyJanuary 31, 2026
2 days ago

Latest in Tech

Startups & Ventureautonomy
Waymo seeking about $16 billion near $110 billion valuation
By Edward Ludlow, Aaron Kirchfeld and BloombergFebruary 1, 2026
2 hours ago
AIspace
SpaceX seeks FCC nod to build data center constellation in space
By Sana Pashankar, Loren Grush and BloombergFebruary 1, 2026
2 hours ago
dewar
CommentaryLeadership
The AI adoption story is haunted by fear as today’s efficiency programs look like tomorrow’s job cuts. Leaders need to win workers’ trust
By Carolyn DewarFebruary 1, 2026
12 hours ago
trader
Investingbubble
‘We’re not in a bubble yet’ because only 3 out of 4 conditions are met, top economist says. Cue the OpenAI IPO
By Nick LichtenbergFebruary 1, 2026
13 hours ago
Big TechMark Zuckerberg
The Chan Zuckerberg Initiative cut 70 jobs as the Meta CEO’s philanthropy goes all in on mission to ‘cure or prevent all disease’
By Sydney LakeFebruary 1, 2026
15 hours ago
The founder and CEO of $1.25 billion AI identity verification platform Incode, Ricardo Amper
SuccessGen Z
CEO of $1.25 billion AI company says he hires Gen Z because they’re ‘less biased’ than older generations—too much knowledge is actually bad, he warns
By Emma BurleighFebruary 1, 2026
16 hours ago