Alibaba would be entering a heated race for a piece of the autonomous software car market, which analysts say could be worth close to US$42 billion. Security concerns underlined by Tesla's two recent fatalities have done little to check the development of autonomous vehicles. Earlier, Baidu announced that it would have fully autonomous vehicles on the streets by 2019. It also has a big stake in ride-sharing platform Didi Chuxing, which demonstrated an autonomous vehicle in February, as well as in NavInfo, a major provider of autonomous vehicle software. But autonomous vehicle adoption faces higher barriers in this region than it does in developed markets or even in China.

Source: Bangkok Post April 20, 2018 22:18 UTC