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Baidu’s Robotaxi unit is exploring expansion into global markets “in the near future” | Real Time Headlines

Chinese technology company Baidu announced on Monday that it could sell some driverless taxis.

Baidu

BEIJING—Chinese technology companies BaiduIts robotaxi unit Apollo Go is in talks with several companies to expand into overseas markets “in the near future,” according to people familiar with the matter.

There are no details on times or regions.

Baidu is one of the major operators of robotaxis in China. Regulators in parts of Beijing and cities such as Wuhan, where Apollo Go operates the largest, have allowed the company to commercially operate self-driving taxis after years of allowing only internal testing.

Tesla scheduled to be held The highly anticipated robotaxi event Thursday.

Canaccord's George Gianarikas says expectations for Tesla robotaxi event are 'pretty low'

Another Chinese robotaxi developer, WeRide, announced in late September Consolidate deals for their cars Ride hailing giant Uberplatform in Abu Dhabi this year. The two companies do not intend to establish similar partnerships in the United States or China, the statement said.

July, BYD Uber announced that they will Developing “self-driving cars” For ride-hailing companies’ platforms. They gave no details.

In China, robotaxis operated by companies such as Baidu and Pony.ai are often heavily subsidized by the companies to encourage their use. Local regulations sometimes require a worker to be in the vehicle, meaning not all vehicles are fully autonomous.

Baidu said that as of the end of July, Apollo Go was operational More than 7 million robotaxis rides.

Separately, Baidu announced on Tuesday that Luo Rong will no longer serve as its chief financial officer and will instead serve as executive vice president in charge of the company’s mobile ecosystem unit. The company said former operations chief Jack Ho will serve as interim chief financial officer. Baidu describes the changes as “Management rotation”.

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