Baidu Gets Green Light for Commercial Robotaxis

baidu gets green light for commercial robotaxis

Sumary of Baidu Gets Green Light for Commercial Robotaxis:

  • The Baidu Apollo car is displayed during the annual Baidu World Technology Conference in Beijing on Nov.
  • 1, 2018. Fred Dufour/AFP via Getty Images Chinese tech titan Baidu (ticker: BIDU) received approval Thursday to operate commercial driverless robotaxi services in a specified zone in Beijing, sending the stock higher in Hong Kong trading.
  • ai Inc. was also granted a license, in the first ever regulatory approvals for paid driverless taxis by Chinese authorities, after testing periods.
  • Baidu’s Apollo Go service, known as Luobo Kuaipao in China, has been given authorization to pick up and drop off paying passengers in a 60 square kilometers area in the Beijing Economic and Technological Development Zone.
  • The company’s fleet of 67 vehicles will cover more than 600 pickup and drop-off points in commercial and residential areas, Baidu said.

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