Part 7/12:
China’s aggressive push into autonomous vehicles is viewed as a critical factor in the global race. Chinese companies and regulators are rapidly approving AV testing, giving Chinese AVs a competitive edge, especially on city streets with complex navigation challenges.
Tesla’s FSD developments in China could soon see regulatory approval, potentially adding billions in revenue through subscriptions. The China-China advantage is partly due to the sheer scale of the market and the data collected from millions of vehicles, providing a significant edge in improving autonomy.