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Technology Stocks : Baidu (BIDU)
BIDU 120.87-0.8%Oct 31 9:30 AM EDT
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From: Sr K7/21/2022 12:05:37 PM
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Frank Sully

   of 2093
 
Baidu Races Ahead of Tesla With Launch of Robotaxi With Detachable Steering Wheel

Chinese search giant says it plans to start using the autonomous car by next year; Tesla plans to mass produce a similar vehicle in 2024

Baidu said its new model, Apollo RT6, will use its level-four autonomous driving system, which doesn’t require a driver under most conditions.PHOTO: NG HAN GUAN/ASSOCIATED PRESS

By Raffaele Huang

July 21, 2022 5:40 am ET

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SINGAPORE—China’s Baidu unveiled a new autonomous car with a detachable steering wheel that it wants to use for its robotaxi service in 2023—up to a year before Tesla Inc. plans to start mass producing a similar vehicle.

Baidu, China’s long-dominant search-engine giant, priced the new model at about $37,000, nearly half of the $71,000 for the previous version of the car that was released in June 2021 with an ordinary steering wheel, the company said in a statement Thursday.

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