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Baidu Brings Apollo Go Robotaxi Service to Downtown Shenzhen, Expanding Presence to All First-tier Cities in China

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Baidu's Apollo Go has launched trial operations of its autonomous robotaxi service in Shenzhen's Nanshan District, marking the seventh city in China for these services. Users can hail rides from around 50 stations during daily operating hours of 9am to 5pm, with plans to expand to over 300 stations by year-end. Baidu aims to dominate the autonomous driving sector, targeting expansion to 65 cities by 2025. The latest robotaxi model, Apollo Moon, has a manufacturing cost of 480,000 RMB. This initiative underscores Baidu's commitment to leading intelligent transportation transformation in China.

Positive
  • Launch of Apollo Go robotaxi service in Shenzhen, enhancing regional autonomous driving capabilities.
  • Plans to expand service to over 300 stations by the end of 2022.
  • Ambitious growth target to reach 65 cities by 2025 and 100 cities by 2030.
  • Reduced manufacturing cost of Apollo Moon robotaxi to 480,000 RMB, potentially increasing profitability.
Negative
  • None.

BEIJING, Feb. 17, 2022 /PRNewswire/ -- Baidu Apollo's ride-hailing service platform Apollo Go has launched trial operation in Shenzhen's Nanshan District, providing autonomous robotaxi services to Shenzhen commuters. Shenzhen is the seventh city where Baidu has introduced its robotaxi ride services in China, following Beijing, Shanghai, Guangzhou, Chongqing, Changsha, and Cangzhou. Shenzhen's Nanshan District, home to top tech companies including Tencent and Huawei, is one of the most densely populated areas in south China.

The launch of Baidu's robotaxi services is set to drive further developments in autonomous driving in Shenzhen and accelerate the development of local intelligent connected vehicles, underscoring Baidu's continuous efforts and ambition to lead the transformation of intelligent transportation in China.

Users will be able to hail a robotaxi via the Apollo Go app at one of approximately 50 stations, with daily operating hours from 9am to 5pm. Services will be centered around key downtown spots such as Shenzhen Talent Park, covering surrounding residential areas, commercial areas, entertainment and cultural areas and other high-frequency transport destinations. The service area is set to expand to more than 300 stations by the end of 2022, meeting the ever-growing daily travel needs of Shenzhen residents.

As a hub of innovation for Shenzhen and the wider Guangdong-Hong Kong-Macao Greater Bay Area, Nanshan District has a favorable policy environment and a strong road network, providing optimal conditions for the rapid implementation of robotaxi services and the vigorous development of autonomous driving technology.

As a pioneer in China's autonomous driving field, Baidu Apollo offers industry-leading technology and advanced autonomous driving solutions. As of Q3 2021, Apollo L4 has accumulated over 10 million test miles. Baidu Apollo's robotaxi ride-hailing platform, Apollo Go, has also been authorized to provide paid service in China's first-ever demonstration zone for commercial autonomous driving in Beijing. In addition, the manufacturing cost of Baidu's latest robotaxi model Apollo Moon has been brought down to 480,000 RMB per unit, with the models currently being added to Apollo Go's robotaxi service.

Baidu has set an ambitious goal to expand Apollo Go operations into 65 cities across China by 2025 and 100 cities by 2030. Baidu aims to continue its efforts to collaborate with more cities and expand the footprint of Apollo Go, providing safer and better autonomous car services to more and more users.

About Baidu

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, trading on the Nasdaq under "BIDU" and the HKEX under "9888." One Baidu ADS represents eight Class A ordinary shares.

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SOURCE Baidu, Inc.

FAQ

What is Apollo Go and where is it currently operating?

Apollo Go is Baidu's autonomous robotaxi service, which has launched trial operations in Shenzhen, making it the seventh city in China to offer this service.

When are the operating hours for Baidu's robotaxi service in Shenzhen?

The robotaxi service operates daily from 9am to 5pm.

How many stations will Baidu's robotaxi service have by the end of 2022?

Baidu plans to expand the robotaxi service to over 300 stations in Shenzhen by the end of 2022.

What are Baidu's future goals for the Apollo Go service?

Baidu aims to expand Apollo Go operations to 65 cities across China by 2025 and 100 cities by 2030.

What is the manufacturing cost of Baidu's latest robotaxi model?

The manufacturing cost of Baidu's Apollo Moon robotaxi model is 480,000 RMB.

Baidu, Inc.

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