Chinese search engine giant Baidu said on Watch A Wife's Secret (2014)Wednesday it expects its key robotaxi business to break even in the fourth quarter of this year and aims to be the first autonomous ride-hailing project to profit by 2025, as planned. The country’s top search engine unveiled its sixth generation self-driving car, a battery-powered multipurpose vehicle costing RMB 204,600 ($28,316), a fraction of its original price. The RT6, a four-seated all-electric van boasting a spacious cabin, manufactured by partner Jiangling Motors, measures 4.8 meters in length with a wheelbase of roughly 2.8 meters. It is powered by a swappable battery pack and equipped with dozens of sensors, including cameras and lidar units, to allow driverless operations. French market intelligence company Yole Développement estimated in 2018 that robocars would have to be priced at no less than $200,000.
Baidu said it plans to deploy 1,000 such vehicles by year-end in the central Chinese city of Wuhan, where it now operates a fully autonomous fleet with hundreds of robotaxis over 3,000 square kilometers (1,158 square miles). The Beijing-headquartered tech company, dubbed “China’s Google,” does not provide a full breakdown of its research and development costs, but chief executive Robin Li told Bloomberg in April 2021 that the firm spent RMB 20 billion on vehicle autonomy in 2020. Li added that the company was determined to invest hugely in self-driving technologies over the next 10-20 years. The latest move comes after news that the Chinese government would allow Tesla to test and operate robotaxis, an idea proposed by its boss Elon Musk during his visit to the country last month, according to a report by China Daily on May 9.
“With decreasing costs and increasing orders, Apollo Go’s unit economics (UE) is nearing break-even, expected to achieve balance in the fourth quarter of 2024 and turn profitable by 2025,” Baidu said in a press release. [TechNode reporting]
Note: This article has been updated to include an announcement released on May 15, which highlighted the unit economics (UE) of Baidu’s autonomous ride-hailing platform Apollo Go, not the company’s self-driving car business, is nearing break-even.
The EPA axed its climate change websites, but NASA's are still intact
May Swenson’s “Daffodildo,” a Lusty Poem for May
Best Bose deal: The Bose Smart Soundbar is under $560 at Amazon
Why is Gen Z using TV language to talk about their lives on TikTok?
Pebble smartwatches are coming, but they won't get along with the iPhone
Reimagining Elena Ferrante’s “My Brilliant Friend” As a Building
The Victorian Fantasy of the North Pole Was the Opposite of Ours
Before Fiction Dealt with Feelings
Stop Preordering Video Games
Want a Metaphor for Life? Look to the Struggles of the Switch
NYT Connections hints and answers for May 1: Tips to solve 'Connections' #690.
The Art of Deodorant Design
Omegle shuts down after 14 years
Daters want to leave body count stigma in 2023, eharmony says
Productivity Boost: Enable 'Night Mode' on All Your Devices
Hinge adds monogamy and non
'The Buccaneers' picked the perfect Taylor Swift song
Surface Noise: What We’ve Lost in the Transition to Digital
Instagram tests Storylines, a collaborative twist on Stories
Omegle shuts down after 14 years
Hillary Clinton has a new role: Cheerleader for teen girlsHillary Clinton has a new role: Cheerleader for teen girlsA mystery 'Mad Pooper' is terrorizing lawns in New YorkAn airplane drew a Christmas tree on a flight tracker because why notDrake got stood up by an Angelina Jolie fan account :(Seas level rise may be twice earlier estimates, dooming coastal citiesDisney and Netflix are battling for your kids' attention — and your walletHQ Trivia comments are the latest place to fear 'Last Jedi' spoilersTobacco company makes a hard pivot to cryptocurrency miningBlack women don't need your thanks for saving America from Roy MooreHow to be the most insufferable person at your ugly Christmas sweater partyMeet Alauda, the company that wants to build flying cars and race themDear Disney: Now you own the original 'Star Wars', please bring it back in all its gloryGoogle rolls out Assistant to tablets and Android Lollipop phonesSeas level rise may be twice earlier estimates, dooming coastal citiesIs George Lucas damning 'The Last Jedi' with faint praise?Tobacco company makes a hard pivot to cryptocurrency mining'Stranger Things' conversations dominate Facebook in Season 2New White House website makes it even harder to find informationTobacco company makes a hard pivot to cryptocurrency mining Lil Nas X casually unfurls scroll at the VMAs, instantly becomes meme Trump's inaugural ball cake looked suspiciously like Obama's from 2013 The Amazon rainforest has a point of no return Google Maps finally lets you plan 'mixed modes' travel Piers Morgan tweets about a Men's March, gets burned epically by his female cohost 7 worst tech commercials and instructional videos of the '90s Why Londoners are standing in solidarity with the U.S. at the Women's March Someone at the National Park Service is obviously not happy about Trump's inauguration Amazing football street performer has all the right moves Sir Ian McKellen sign was a Sir Patrick Stewart meme at Women's March Airlines ban MacBooks from checked baggage, even non An insane number of people in pussyhats attend the Women's March on Washington Leaked images of Google Pixel 4 confirm no notch and big camera bump KFC's first Forget the VMAs. The BTS ARMY created their own award show on Twitter. The emotional moment Obama waves goodbye to D.C. The Morris Worm: The world’s first major internet attack Popeyes is sold out of chicken sandwiches Robert Pattinson's long hair in 'The King' trailer has Twitter thirsty as hell Tristan Trump stole the show from his grandpa on Inauguration Day
1.6318s , 10101.6171875 kb
Copyright © 2025 Powered by 【Watch A Wife's Secret (2014)】,Wisdom Convergence Information Network