Chinese internet company LeEco Holdings Ltd unveils its internet electric battery driverless concept car'LeSEE' during a launch event in Beijing. Chinese manufacturers and internet giants are in hot pursuit of their US counterparts in the race to design driverless cars, but the route to market is still littered with potholes. China has begun preparing programs and cities for an autonomous driving revolution expected to generate $1 trillion in revenue globally, the South China Morning Post reported. Nearly 300 Chinese cities and regions, including Xinjiang and Nanjing, and have already introduced "smart-city" projects controlled by artificial intelligence technology to enhance daily life, SCMP said. Smart cities use cloud-based technology to integrate across several industries, including transportation, health care and public security, according to government-owned China Daily.