[TechWeb] News on July 10, Baidu Hong Kong stocks (HK:09888) closed up 10.
14% today at HK$95.
05/share, and once rose more than 12% during the session.
On the news front, there are reports that Baidu’s autonomous driving travel service platform Radish Kuai has launched 1000 autonomous driving taxis in Wuhan.
Recently, the number of unmanned orders in Wuhan City has experienced explosive growth.
Today, Baidu Radish Quick Run even appeared on Weibo’s hot search, attracting attention and discussion from netizens.
Many netizens said: With the widespread popularization of driverless driving, online ride-hailing and taxis will basically be driverless in the future, and the current online ride-hailing drivers and taxi drivers will have to be eliminated.
Policies on autonomous driving/driverless driving are frequently favorable.
Recently, the Beijing City Economic and Information Technology Bureau solicited opinions on the “Beijing City Autonomous Driving Vehicles Regulations (Draft for Comments)”(hereinafter referred to as the “Draft for Comments”).
It will focus on solving the main problems faced by autonomous driving vehicle innovation activities in specific regions through legislation, and on the basis of adhering to the bottom line of safety, provide clear, transparent and predictable institutional norms for L3 and above autonomous driving vehicle market entities.
On May 15 this year, Baidu Apollo released a new generation of radish fast running unmanned vehicles.
The cost of the entire vehicle dropped by 60% compared with the fifth-generation vehicle, and the price dropped to 200,000 yuan.
Talking about the commercialization of Radish Fast Run, Chen Zhuo, general manager of Baidu’s autonomous driving business department, told the media: “The goal of Radish Fast Run is that by the end of 2024, Radish Fast Run will achieve a balance of payments in Wuhan and fully enter profitable period in 2025.
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