Baidu to hit the road with self-driving bus

Li acknowledged that Baidu needs to do a lot more work.

Baidu chief executive Robin Li on Tuesday said the Chinese Internet giant will have a self-driving bus on the road soon as it races for a lead in autonomous vehicles. 

Baidu is collaborating with an array of companies on autonomous cars, and is working with a large bus maker in China to have a self-driving bus running a route by next year, Li said in an on-stage interview late Tuesday at The Wall Street Journal D.Live conference in Laguna Beach, California.