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Baidu to ramp up global exports as robotaxi service grows in China

CNBC · Just In
CNBC
CNBC
Just In

Chinese tech company Baidu has been expanding its robotaxi fleet in China, and has set its sights on growing its reach in the international market next year, specifically the UAE and Switzerland. Other Chinese robotaxi players are also looking abroad, such as Pony.AI, which plans to enter Singapore.

Breakdown
  • Baidu's Apollo Go robotaxi service has expanded from initial tests in Beijing to over 1,000 vehicles in Wuhan, China. 6s
  • The company reports profitability per car and over 250,000 weekly ride orders, boosting confidence for global expansion. 40s
  • Baidu operates more than 100 robotaxis in the UAE and will begin testing in Switzerland, while also collecting passenger fares. 1m 26s
  • Other Chinese firms, such as WeRide and Pony.ai, are expanding internationally and nearing profitability in new markets. 1m 38s
  • Chinese robotaxi companies face competition from Alphabet's Waymo and must address regulatory and safety challenges as the market grows. 1m 52s
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