“China lifts Tesla restrictions. Stock up more than 9% in pre-market

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Baidu, the Internet search giant in China, has struck a deal with Elon Musk-owned electric vehicle (EV) maker Tesla, granting the car manufacturer access to its mapping license for gathering data on public roads in China, according to two individuals familiar with the situation, news agency Reuters reported on Monday. This agreement marks the resolution of a regulatory obstacle for Tesla’s driver assistance system, referred to as Full Self Driving (FSD), to be introduced in China, as per the sources.

Additionally, under the terms of the agreement, Baidu will supply its lane-level navigation system to Tesla. Baidu is among the approximately 20 certified suppliers possessing the essential module for self-driving capabilities.
news.abplive.com/technology/elon-musk-tesla-deal-baidu-search-giant-full-self-driving-china-postponing-india-trip-1683634
www.ft.com/content/48256825-549f-4de2-8f5a-99e557567fd1

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