EghtesadOnline: Baidu Inc.’s billionaire founder has shed more light on the Chinese search giant’s plans to sell robot cars around the world, revealing his intention to spin off its driver-less car division once it reaches maturity to attract funding and partners.

EghtesadOnline: China needs to put new regulations and financial subsidies in place to quicken the development of autonomous cars or risk getting left behind, the billionaire co-founder of the nation’s largest search engine said.