Baidu To Launch Autonomous Robotaxi Service In Beijing - Baidu (NASDAQ:BIDU)

Baidu Inc BIDU will launch driverless Robotaxi services in Beijing from May 2, 2021, signifying China’s debut paid autonomous vehicle service.
The autonomous “Apollo Go Robotaxi” service will be rolled out in Beijing’s Shougang Park first during the bustling Labor Day holiday period.
Shougang Park is one of the venues for the 2022 Beijing Winter Olympics.
The Robotaxis will transport users to sports halls, work areas, coffee shops, and hotels at Beijing Shougang Park.
The Apollo Robotaxis will provide shuttle services for athletes and staff during the Winter Olympics.
Baidu Apollo recently accomplished over 10 million kilometers of autonomous driving road testing.
Baidu has established a car fleet of 500 vehicles for autonomous driving trials. Baidu has been granted 2,900 patents for intelligent driving and 221 test drive licenses.
Price action: BIDU shares traded higher by 0.63% at $217.2 in the premarket session on the last check Thursday.