Source: CNBC

 – November 1st, 2018

 

The Swedish carmaker, which is owned by Chinese auto manufacturer Geely, will offer its expertise in advanced technologies in the auto industry, while Baidu provides its autonomous driving platform Apollo, the two companies said in separate statements.

The long-term aim is for the firms to sell vehicles that meet SAE International’s Level 4 (L4) standard for driverless vehicles — meaning vehicles that do not require human intervention in certain conditions — to Chinese customers.

Baidu said it chose Volvo as a partner due to its “long-standing safety credentials.”

“Since its founding a century ago, Volvo has kept safety as its core mission, pushing safety development forward with significant innovations,” Ya-Qin Zhang, president of Baidu, said in a statement.