STOCK TITAN

Baidu-Backed DeepWay Unveils Smart New Energy Heavy-Duty Truck to Automate Road Freight

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

DeepWay, backed by Baidu, has launched the Xingtu, a new smart energy heavy-duty truck. The truck boasts over 500 TOPS computing power and can detect objects over 1 kilometer away. This marks Baidu's venture into the global freight market. Xingtu is designed for L3 self-driving on highways with plans for L4 capabilities by 2026. Key features include a custom 450kWh battery, a wind resistance coefficient of 0.35, and a quick battery swap solution. Aiming for R&D and manufacturing growth, DeepWay seeks to commercialize L4 autonomous technology in China’s freight industry.

Positive
  • Launch of Xingtu enhances Baidu's presence in the USD multi-trillion freight market.
  • Features advanced technology, including over 500 TOPS computing power and ultra-long-range sensing.
  • Offers improved efficiency with reduced energy costs and maintenance through innovative design.
  • DeepWay's focus on R&D could lead to significant advancements in autonomous truck technology.
Negative
  • None.

BEIJING, Sept. 17, 2021 /PRNewswire/ -- DeepWay, a Baidu-backed company, today unveiled Xingtu, a smart new energy heavy-duty truck with a computing power of more than 500 TOPS and ultra-long-distance sensing capabilities of more than 1 kilometer. This announcement marks Baidu's entry into the USD multi-trillion global freight market.

Powered by Baidu's globally recognized AI technology stack and the Baidu Apollo autonomous driving platform, Xingtu is a prime example of the next generation vehicles we will see in the smart driving era. The first generation of Xingtu is designed to enable L3 self-driving on high-speed freight routes and achieve L4 capabilities on these same routes between 2024 and 2026.

"Autonomous driving must use advanced driverless technology to create new products that offer the ultimate experience in order to achieve commercial success," said Yunpeng Wang, vice president and general manager of autonomous driving technology at Baidu. "We aim to create value in real-life scenarios such as transporting people, delivery and life services. This new generation of vehicle is by no means just a modified truck – it's a robot truck."

The first generation of DeepWay's Xingtu offers four core advantages: deep intelligence, deep performance, deep design and deep space.

  • Deep Intelligence: Xingtu features DeepWay's home-grown highway intelligence system (HIS) and a computing power of more than 500 TOPS. Equipped with 10 onboard cameras, 5 millimeter wave radars and 3 infrared detectors, along with advanced algorithms, Xingtu can achieve end-to-end autonomous driving – from perception to planning – within 100ms, and ultra-long range detection of more than 1 kilometer.
  • Deep Performance: Xingtu offers increased efficiency for freight drivers. Simulation tests with the China Automobile Research Institute showed a wind resistance coefficient as low at 0.35, which effectively reduces overall energy consumption. At a full load of 49 tons, Xingtu's custom-developed 450kWh battery pack can travel up to 300km on a single charge, and charges in just one hour at a 1C current. In addition, DeepWay has also developed a quick-swap solution for the battery, which enables freight drivers to swap out their battery in 6 minutes. All of this together can reduce energy, maintenance and operation costs, as well as transportation time.
  • Deep Design: Xingtu adopts a lightweight integrated battery and chassis design, which greatly reduces wind resistance. Coupled with E/E architecture that integrates across multiple domains, the vehicle is much easier to control, making it more stable and safer to operate.
  • Deep Space: Xingtu's new generation of smart cabin adopts the concept of separate driving, working and living spaces, giving more room to the drivers. Equipped with an intelligent voice assistant, a large touch screen infotainment system and ultra-comfortable seats and beds, freight drivers will experience a much more comfortable working and living environment while on the road.

The Apollo technology underlying DeepWay's Xingtu has been developed by Baidu since 2013 and has nearly 8.7 million test miles. This new energy heavy-duty truck adds intelligent freight to Baidu's existing autonomous driving solutions including passenger cars, Apollo Go robotaxis and minibuses, expanding the applications of intelligent driving to industry and business. In the near term, DeepWay will focus on R&D and manufacturing of smart new energy heavy-duty trucks and promote the commercialization of L4 autonomous driving technology in the China truck freight industry in the coming years.

About DeepWay

DeepWay is a joint venture company created by Baidu and Lionbridge in 2020 to focus on the development and manufacturing of smart new energy heavy-duty trucks, offering intelligent driving solutions for the truck freight market.

About Baidu, Inc.

Founded in 2000, Baidu's mission is to make the complicated world simpler through technology. Baidu is a leading AI company with strong Internet foundation. Baidu is traded on the NASDAQ Global Select Market under the symbol "BIDU", and on the main board of the Hong Kong Stock Exchange under the stock code "9888". Currently, one ADS represents eight Class A ordinary shares. 

Media Contact
intlcomm@baidu.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/baidu-backed-deepway-unveils-smart-new-energy-heavy-duty-truck-to-automate-road-freight-301379542.html

SOURCE Baidu, Inc.

FAQ

What is the purpose of DeepWay's new truck Xingtu?

The Xingtu aims to automate road freight with advanced autonomous driving features.

What are the key features of Baidu's Xingtu truck?

Xingtu features over 500 TOPS computing power, ultra-long-range sensing, and energy-efficient design.

When is the commercial launch of L4 autonomous driving for Xingtu expected?

Commercialization of L4 autonomous driving is targeted between 2024 and 2026.

How does the Xingtu truck reduce operational costs?

Xingtu reduces energy and maintenance costs with its innovative design and quick battery exchange.

What market is Baidu targeting with the launch of the Xingtu truck?

Baidu is targeting the global freight market with the launch of the Xingtu.

Baidu, Inc.

NASDAQ:BIDU

BIDU Rankings

BIDU Latest News

BIDU Stock Data

29.53B
2.28B
2.76%
25.21%
2%
Internet Content & Information
Communication Services
Link
United States of America
Beijing