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Baidu’s robotaxi unit expects to turn profitable next year - TL;DR CNBC

Baidu’s robotaxi unit expects to turn profitable next year

Publishing timestamp: 2024-05-15 00:56:22


Summary

Baidu's Apollo Go robotaxi arm expects to turn profitable next year, with growing usage, reducing costs, and plans to deploy 6th generation robotaxis in Wuhan. Other players in the industry remain skeptical about fully driverless cars.


Sentiment: POSITIVE

Tickers: BIDU9868-HK

Keywords: xpeng incasia newsbreaking news: technologybaidu inctechnologybusiness news

Source: https://www.cnbc.com/2024/05/15/baidus-robotaxi-unit-expects-to-turn-profitable-next-year.html


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