Baidu Inc. (BIDU)

Index:

Nasdaq 100

$ 83.75
   
  • Change Today:
    $0.69
  • 52 Week High: $115.13
  • 52 Week Low: $77.43
  • Currency: US Dollars
  • Shares Issued: 17,640m
  • Volume: 2,364,531
  • Market Cap: $1,477,372m
  • RiskGrade: 353

Baidu to build 1,000 robotaxis in three years

By Caoimhe Toman

Date: Thursday 17 Jun 2021

LONDON (ShareCast) - (Sharecast News) - Baidu has partnered with BAIC Group to build 1,000 driverless cars over the next 3 years in a push to commercialize a robotaxi service across China.
The Apollo Moon cars will be manufactured under BAIC's ARCFOX electric vehicle brand while Baidu will provide the autonomous driving systems and software.

Each car can now be manufactured at a cost of $74,729 thanks to more mature technology and mass production capabilities.

Baidu has already been testing robotaxis in a number of major cities across China including Shanghai.

In Beijing, the company has started charging passengers for rides in its driverless cars around Shougang Pak. With the BAIC partnership, Baidu will be hoping to take robotaxis beyond just the testing phase and to a mass-market rollout of a service.

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Note 2: RiskGrade figures are provided by RiskMetrics.

 

Baidu Inc. Market Data

Currency US Dollars
Share Price $ 83.75
Change Today $ 0.69
% Change 0.83 %
52 Week High $115.13
52 Week Low $77.43
Volume 2,364,531
Shares Issued 17,640m
Market Cap $1,477,372m
RiskGrade 353

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Total 29
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Trades for 03-Jun-2025

Time Volume / Share Price
16:00 113,564 @ $83.75
15:59 100 @ $83.74
15:59 300 @ $83.74
15:59 100 @ $83.75
15:59 100 @ $83.74

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