STOCK TITAN

Baidu Showcases Apollo Solution Upgrades at Auto Shanghai 2021, Strengthening Autonomous Driving Offerings in Latest Commercialization Push

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

Baidu, Inc. (NASDAQ: BIDU) unveiled significant upgrades to its Apollo intelligent driving solutions at Auto Shanghai 2021. The company aims to have Apollo pre-installed in one mass-produced car model monthly in the latter half of 2021. Baidu is expanding its Apollo Navigation Pilot (ANP) to 20 cities this year, targeting 100 by 2023. The Apollo platform has completed over 10 million kilometers of L4 autonomous driving tests. Baidu plans to recruit heavily for R&D to support Apollo's commercialization, alongside upgrades to intelligent cloud solutions for automakers.

Positive
  • Apollo will be pre-installed in at least one mass-produced car model each month starting in H2 2021.
  • Apollo Navigation Pilot aims to expand to 20 cities in 2021 and 100 cities by 2023.
  • Apollo has achieved over 10 million kilometers of L4 autonomous driving road testing.
  • Upgraded intelligent cloud solutions to accelerate R&D cycles significantly.
  • Strategic collaboration with Chery Automobile to enhance intelligent vehicle services.
Negative
  • None.
  • In the second half of 2021, Apollo will come pre-installed with at least one mass-produced car model each month
  • Baidu aims to bring the Apollo Navigation Pilot (ANP) solution to 20 cities this year, and 100 cities by 2023
  • Apollo, which has announced the completion of over 10 million kilometers of road testing for L4 autonomous driving, plans to expand its team to strengthen R&D

BEIJING, April 19, 2021 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) today unveiled upgrades to its intelligent driving and cloud solutions at the Auto Shanghai 2021, making more customizable offerings available to automakers amid a push for the commercialization of autonomous driving. Baidu also announced plans to have Apollo pre-installed on more mass-produced car models and bring Apollo Navigation Pilot (ANP) to more cities. Baidu Apollo has completed over 10 million kilometers of L4 autonomous driving road testing, making Baidu the first Chinese company to reach this milestone.  

Apollo intelligent driving solutions are one of the highlights being showcased at the auto show. Powered by Apollo's L4 autonomous driving technology, intelligent driving solutions have been empowering the production of autonomous vehicles around the world. Baidu also announced upgrades to its intelligent cloud solutions, which are designed to support auto companies in building intelligent capabilities. The upgraded solutions have the capability to significantly shorten the autonomous driving R&D cycle from the current seven years to six months.

Zhenyu Li, Senior Corporate Vice President of Baidu and General Manager of Intelligent Driving Group (IDG), announced that Apollo has completed over 10 million kilometers of L4 autonomous driving road testing.

Apollo and its Intelligent Driving Solutions to be Available in More Car Models and Cities in the Near Future

Among the intelligent driving solutions, ANP is a leading navigation pilot product that adopts a pure visual solution and is developed based on the same technology structure of Apollo L4 autonomous technology. Compared with the lidar solutions, ANP's advantages are its lower cost, mass-production, and self-learning capabilities. Together with the Apollo Valet Parking (AVP) solution that offers an automated parking experience, the intelligent driving solutions allow users to enjoy autonomous driving in real complex urban scenarios in cities including Beijing, Shanghai and Guangzhou. Baidu also plans to bring ANP to urban roads and highways in 20 cities this year and 100 cities by 2023.

One of the mass-produced car models using the Apollo AVP solution is the Weltmeister W6, receiving encouraging response from the industry. Baidu targets to have Apollo's solutions pre-installed on one million vehicles over the next three-to-five years. In the second half of 2021, the Apollo will come pre-installed with at least one mass-produced car model each month, bringing a safe and cutting-edge autonomous driving experience to more consumers on at least six car models.

Upgrades of Intelligent Cloud Solutions Unveiled at the Auto Show

Baidu also revealed upgrades to its intelligent cloud solutions to empower partners developing autonomous vehicles by enhancing their production process, understanding of users and car security. With the upgraded intelligent cloud solutions, auto companies will be able to accelerate the development of their autonomous driving technology and mass production plans.

Under the autonomous driving cloud solution, Apollo will assist partners in developing AI production lines. With the big data cloud solution, Apollo will work with car companies on a closed loop for self-learning in a smart cabin, that will allow carmakers to better understand users and provide them with a customized driving experience. Leveraging Apollo's experience in safety technology, the car safety cloud solution will support car companies in improving the car safety levels.

At the show, Apollo also announced a strategic collaboration with Chery Automobile based on intelligent cloud. The two companies will work together to provide users with safer intelligent vehicle services.

Road Testing for L4 Autonomous Driving Marks a Milestone with Total Mileage Exceeding 10 Million Kilometers

Zhenyu Li, Senior Corporate Vice President of Baidu and General Manager of Intelligent Driving Group (IDG), announced that the mileage of road testing for L4 autonomous driving has exceeded 10 million kilometers. In addition, Apollo's autonomous driving simulation test has surpassed one billion kilometers, while high-precision maps have been updated every minute. These achievements demonstrate the solid capabilities of Apollo's solutions from various perspectives.

This year, Apollo plans to strengthen its team and expand its recruitment. Among the new hires, 90% will be dedicated to research and development. The move will help accelerate the large-scale deployment of Baidu's Robotaxi business, Apollo GO, and the development of solutions that fit the evolving demand amid the push for commercialization of autonomous driving, that will see increased pre-installation of Apollo solutions in mass-produced vehicles.

About Baidu

Founded in 2000, Baidu's mission is to make the complicated world simpler through technology. Baidu is a leading AI company with a strong Internet foundation. Baidu's ADSs trade on the NASDAQ Global Select Market under the symbol "BIDU". Currently, each ADS represents eight Class A ordinary shares.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/baidu-showcases-apollo-solution-upgrades-at-auto-shanghai-2021-strengthening-autonomous-driving-offerings-in-latest-commercialization-push-301271414.html

SOURCE Baidu, Inc.

FAQ

What is the Apollo Navigation Pilot's expansion plan for Baidu in 2021?

Baidu aims to expand the Apollo Navigation Pilot to 20 cities in 2021 and 100 cities by 2023.

How many kilometers has Baidu's Apollo completed in autonomous driving road tests?

Baidu's Apollo has completed over 10 million kilometers of L4 autonomous driving road testing.

When will Apollo be pre-installed in mass-produced car models?

Apollo will be pre-installed in at least one mass-produced car model each month starting in the second half of 2021.

What percentage of new hires will focus on R&D at Baidu?

Approximately 90% of Baidu's new hires will be dedicated to research and development.

What notable collaboration did Baidu announce during Auto Shanghai 2021?

Baidu announced a strategic collaboration with Chery Automobile to enhance intelligent vehicle services.

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