The bright future anticipated for years for autonomous vehicles increasingly appears to be becoming a reality. China, which boasts the world’s largest automobile market, is likely to emerge as a force in the business, according to speakers at the Forbes China Innovation Summit held in Chengdu on Friday. The Forbes China Innovation Summit, held Oct. 29-30, was organized by Forbes China, the Chinese-language edition of Forbes, and the Chengdu Municipal Government. The event attracted 300 attendees and highlighted breakthroughs in innovation strategies involving new technologies such as 5G and blockchain, as well as autonomous vehicles. China autonomous vehicle businesses cited on the Most Innovative Companies List were Baidu Apollo and Pony.ai.

Source: Forbes October 30, 2020 21:00 UTC