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King & Wood Mallesons

China’s Legislation on Autonomous Cars Rolls out

Article/ Pub

Finance / Investment

April 9, 2021

Mark Schaub and Atticus Zhao

The pandemic does not seem to have slowed down the rapid development in autonomous cars in 2021. Autonomous driving is seeing a boom in investment. In China alone, there have been 24 financings related to autonomous cars in the first two months of 2021. The total amount of financing involved exceeded RMB 17 billion...