JAC teams up with Baidu on autonomous cars

China's JAC Motors said on Tuesday that it will produce autonomous cars with the country's internet giant Baidu Inc, with the first mass-produced model scheduled to roll off the assembly line in 2019.

The announcement came in Shanghai, as the automaker delivered 32 cars to Baidu to collect information for high-definition maps.

JAC Motors' share price rose to a six-week high of 10.29 yuan ($1.53) on Wednesday morning, but dipped a little to close at 9.95 yuan, a 4.08 percent rise from the previous day.