Reported 3 days ago
Chinese self-driving technology firms are expanding into Europe after facing barriers in the U.S. market. They are establishing headquarters, forming partnerships, and conducting tests, raising concerns among local competitors about increased competition. Companies like QCraft and Momenta are taking advantage of Europe's more favorable regulatory environment to foster their growth, as they aim to dominate the global autonomous vehicle sector. European officials are also pushing for a unified approach to autonomous vehicles, recognizing the need to catch up with advancements in the U.S. and China.
Source: YAHOO