Chinese company Baidu started to work on the development of self-driving car technology. The first prototypes will be introduced in July 2017. Although the company’s current self-driving plans will initially apply to limited testing environments, the long-term plan includes introducing fully autonomous cars on highways. Baidu is also planning to work with other car producers to increase the development rate and work on the innovation together. The company aims to focus on mass production of autonomous cars during the next five years.
From the end of March the shares of Baidu grew up by 5,3% and continue growing. This is a good opportunity for traders to make profitable forecasts. The trade will be available during American session from 14:40 to 21:00 GMT.
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