![]() Lower levels of technology range from cruise control, a feature available for decades, up to Level 3, which allows hands-free highway driving. That limits the area where they can operate. That means their systems can operate without a driver but must be pre-loaded with a detailed map. Baidu reported a profit of 10.2 billion yuan ($1.7 billion) last year on 124.5 billion yuan ($19.5 billion) in revenue.īaidu and its most advanced rivals have reached the industry’s Level 4 out of five possible levels of technology. The company says it spent a total of 24.9 billion yuan ($3.9 billion) on research and development last year but doesn’t disclose how much of that went into autonomous vehicles. ![]() It projects total sales of 10 billion yuan ($1.5 billion) based on agreements made so far, chairman Robin Li said in a May 26 conference call with reporters. “We believe the top goal of autonomous driving is to reduce human-caused traffic accidents,” said Wei Dong, vice president of Baidu’s Intelligent Driving Group.īaidu says it already is selling navigation and other technology to automakers. It says its autonomous vehicles could, if successful, make driving cheaper, easier and safer. That came 18 months after Waymo started driverless ride-hailing service in Phoenix, Arizona, in October 2020.įounded in 2000 as a search engine operator, Baidu has expanded into artificial intelligence, processor chips and other technology. A Baidu technician watches from the front passenger seat.īaidu is China’s highest-profile competitor in a multibillion-dollar race with rival autonomous vehicle developers including Alphabet Inc.‘s Waymo and General Motors Co.‘s Cruise to turn their futuristic tech into a consumer product.īaidu and a rival, Pony.ai, received China’s first licenses in April to operate taxis with no one in the driver’s seat but with a safety supervisor on board. The steering wheel turns on its own as the taxi makes its way around the cart. “So sorry,” a recorded voice tells passengers. is rolling down a Beijing street when its sensors spot the corner of a delivery cart jutting into its lane. Please look at the time stamp on the story to see when it was last updated.īEIJING (AP) - With no one at the wheel, a self-driving taxi developed by tech giant Baidu Inc. ![]() This is an archived article and the information in the article may be outdated.
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