Blackberry and Baidu partner on driverless tech

 
 

Markets have reacted positively to the partnership, with shares in Blackberry rising by as much as eight percent. Photo credit - Pixabay

 

China's Baidu and Canada's Blackberry have partnered on the safety system of a new driverless vehicle operating system.

 

Called Apollo, the system is being developed by Baidu in conjunction with a number of vehicle manufacturers.

Markets have reacted positively to the partnership, with shares in Blackberry rising by as much as eight percent.

The news follows our report from earlier in the week that China, the USA and the UK are taking a global lead in the development on autonomous vehicles.

 

Some analysts had been surprised by the growth of the autonomous vehicle sector in the UK, especially given that all of the major car manufacturers in the country have overseas owners.

Nevertheless, the Financial Times reports that driverless cars, vans and trucks could be worth as much as £50 billion to the British economy within the next 20 years.

This is based on government projections that seek to project the UK's success in other technologies - such as FinTech, gaming and chip development - into the automotive sector.

For a government that seems continually bogged down and distracted with preparations for Brexit, a surprisingly comprehensive legal framework is being prepared to allow for the development of autonomous vehicles in the UK.

This includes local exemptions to existing regulations for trial projects, and other incentives for technology companies and University research.





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News | December 02,2016





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