Specifically, the country sets a target to realize "scale production of vehicles capable of conditional autonomous driving and commercialization of highly autonomous vehicles in certain circumstances "by the year. Some Chinese and foreign companies including Audi, Changan, and GM have been testing V2X technologies in China over the past few years. The blueprint said China is expected to build a complete and sound set of standards for autonomous vehicles between 2035 and 2050. According to Beijing News, the autonomous driving market in China is worth 170 billion yuan (US$24.31 billion) in 2020. Toyota's money also marks its biggest investment in an autonomous driving company with a Chinese background.

Source: The Star March 02, 2020 08:48 UTC