Moneycontrol PRO
Upcoming Event:Attend Quants League - 5 Days Live Algorithmic Options Trading Virtual Conference @ just Rs. 600/- brought to you by Moneycontrol Pro. Register Now!

Alibaba to develop self-driving trucks with logistics unit Cainiao

Alibaba's announcement of developing self-driving trucks came as dozens of startups, automakers and large technology firms, such as internet search leader Baidu Inc, are accelerating work on self-driving vehicle systems.

June 10, 2021 / 09:55 AM IST
Cheng Li, chief technology officer of Alibaba Group, speaks next to a Cainiao autonomous delivery robot at the Global Smart Logistics Summit organised by Alibaba's logistics arm Cainiao, in Hangzhou, Zhejiang province, China June 10, 2021. REUTERS/Yilei Sun

Cheng Li, chief technology officer of Alibaba Group, speaks next to a Cainiao autonomous delivery robot at the Global Smart Logistics Summit organised by Alibaba's logistics arm Cainiao, in Hangzhou, Zhejiang province, China June 10, 2021. REUTERS/Yilei Sun

Chinese e-commerce leader Alibaba Group Holding Ltd plans to develop self-driving trucks with logistics subsidiary Cainiao, Chief Technology Officer Cheng Li said on Thursday.

Cheng also said Cainiao aims to introduce 1,000 autonomous delivery robots in China over the next year.

The announcement comes as dozens of startups, automakers and large technology firms, such as internet search leader Baidu Inc, accelerate work on self-driving vehicle systems, which are widely expected to bring a sea change to the transportation industry.

Other self-driving truck makers include U.S. firm TuSimple Holdings Inc, which listed shares in April.
Reuters
first published: Jun 10, 2021 09:55 am

stay updated

Get Daily News on your Browser
Sections
ISO 27001 - BSI Assurance Mark