LIVE: Elon Musk In China News | ‘Big Fan Of China’: Elon Musk After Meeting Chinese Premier Li Qiang | CNBC TV18
Tesla founder and CEO Elon Musk has met with a top government leader in the Chinese capital, just as the nation’s carmakers are showing off their latest electric vehicle models at the Beijing auto show.

Chinese Premier Li Qiang told Musk that he hopes the U.S. will work more with China on “win-win” cooperation, citing Tesla's operations in China as a successful example of economic cooperation, China's state broadcaster CCTV said on its main evening news program.

Tesla has cleared some key regulatory hurdles that have long hindered it from rolling out its self-driving software in China, paving the way for a favourable result from Elon Musk’s surprise visit to the U.S. automaker’s second largest market.

Tesla CEO Musk arrived in the Chinese capital on Sunday where he was expected to discuss the rollout of Full Self-Driving (FSD) software and permission to transfer driving data overseas, according to a person with knowledge of the matter.

His trip came just over a week after he scrapped a planned visit to India to meet with Prime Minister Narendra Modi, citing “very heavy Tesla obligations”.

On Monday, two separate sources told Reuters Tesla had reached an agreement with Baidu to use the Chinese tech giant’s mapping license for data collection on China’s public roads, which they described as a key step for FSD to be introduced in the country. And a top Chinese auto association said on Sunday Tesla’s Model 3 and Y cars were among models that it had tested and found to be compliant with China’s data security requirements.

Chinese regulators had since 2021 required Tesla to store all data collected by its Chinese fleet in Shanghai, leaving the company unable to transfer any back to the United States.

Musk is looking to obtain approval to transfer data collected in the country abroad to train algorithms for its autonomous driving technologies, the person said.

#elonmusk #elonmuskinchina #beijing #tesla #evplans #liqiang #cnbctv18 #cnbctv18digital

n18oc_world