China's Leapmotor aims for Europe smart-driving rollout in 2026 [Yahoo! Finance Canada]
Stellantis N.V. Common Shares (STLA)
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Source: Yahoo! Finance Canada
equipped with its smart-driving technologies in Europe next year, the company's senior vice president said on Wednesday. That is the first timeline announced by a Chinese automaker for advanced driver-assistance technologies outside China and comes as the manufacturers scramble for an edge in the hyper-competitive market for EVs and long-range hybrids. Leapmotor will launch a research and development team in Europe that will focus on algorithm training for self-driving systems based on data collected from roads there, senior vice-president Cao Li told Reuters. Cao did not say where that development team would be based. "The biggest challenge, I think, is that overseas road conditions and traffic rules are different from those in China. We need to have a lot of data and to understand local regulations to adapt to local road conditions for localised training," Cao said. Chinese automakers led by BYD are racing to launch affordable EVs capable of autonomous highway driving and pa
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