‍By CGTN’s New Money Program 

It took Wang Jiadong two years and around 145,000 US dollars to drive home his Tesla Model X.

The most distinctive feature of Wang’s car is the self-driving technology, which has attracted a lot of investment from Tesla as well as other tech and auto companies.

In the global race to develop driver-less cars, Chinese tech firms are also moving forward at full speed. 

NIO, a start-up car maker, is expected to launch its first mass-produced car later this year. 

The boom has also benefited a wide range of companies across the whole industry chain, such as companies producing key components and providing connectivity solutions for automobiles.

According to statistics provided by IHS Markit, self-driving cars will account for 10 percent of the global auto market by 2035.