Chinese tech firm Baidu announced Monday that it can sell some robotaxi rides without human staff in the vehicles.
baidu
BEIJING – Chinese technology company baidu announced on Friday that it can now operate robotic taxis in part of the capital Beijing without human staff or drivers.
The move eliminates the labor costs of operating self-driving taxis — up to the car allowance.
The government approval initially covers 10 vehicles in the Beijing suburb of Yizhuang, which is home to many corporations such as JD.com.
The suburb is the main location of Baidu’s Robotaxi testing and operation on public roads in the city of Beijing. In November 2021, local authorities allowed Baidu and rival robotaxi operator Pony.ai to charge fares for rides.
Public transport users can book heavily subsidized robotaxi rides through the companies’ apps.
Baidu shares 12-month performance.
Baidu shares briefly rose more than 15% during trading in Hong Kong on Friday.
The stock closed at an eight-week low Thursday after the company unveiled its artificial intelligence-powered Ernie bot, a Chinese-language rival to ChatGPT. CEO Robin Li said the company’s Ernie bot isn’t perfect, emphasizing the need to improve the product.
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