Connect with us

Hi, what are you looking for?

Smart Income LibrarySmart Income Library

Tech News

Baidu’s supercheap robotaxis should scare the hell out of the US

Baidu Apollo Go robotaxi
Image: Getty

Baidu’s robotaxi division, Apollo Go, just rolled out its latest robotaxi across multiple cities in China, and if stakeholders in the US aren’t nervous yet, they should be.

The RT6 is the sixth generation of Apollo Go’s driverless vehicle, which made its official debut in May 2024. It’s a purpose-built, Level 4 autonomous vehicle, meaning it’s built without the need for a human driver. And here’s the thing that should make US competitors nervous: adopting a battery-swapping solution, the price for one individual RT6 is “under $30,000,” Baidu CEO Robin Li said in an earnings call.

“All the strengths just mentioned above are driving us forward, paving the way to validate our business model,” Li added.

Continue reading…

You May Also Like

Tech News

Image: Ford Ford announced today that it would be working with bike company N plus to introduce two new e-bikes inspired by the automaker’s...

Tech News

Image: Ford Ford announced today that it would be working with bike company N plus to introduce two new e-bikes inspired by the automaker’s...

Tech News

Image: Ford Ford announced today that it would be working with bike company N plus to introduce two new e-bikes inspired by the automaker’s...

Tech News

Image: Ford Ford announced today that it would be working with bike company N plus to introduce two new e-bikes inspired by the automaker’s...