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October 18, 2017 03:50 pm GMT

The 'Google of China' is working on a driverless bus for next year and fully self-driving cars by 2021

Chinese search giant Baidu has some bold new targets for its self-driving auto plans. 

Baidu CEO Robin Li outlined company's self-driving vehicle goals for the next few years onstage at the Wall Street Journal’s D.Live technology conference, touting a plan to roll out driverless busses in China next year, semi-autonomous vehicles by 2019, and fully autonomous cars by 2021. 

Li also revealed that Baidu spends about $1.5 billion on self-driving R&D efforts annually, which amounts to about 15 percent of the company's revenue.      

SEE ALSO: Self-driving cars are coming to the streets of New York City Read more...

More about Baidu, Autonomous Vehicles, Self Driving Cars, Self Driving Bus, and Tech

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/6sluhe0El8M/

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