Uber to invest $300 million in EV maker Lucid
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As part of the arrangement, Baidu will introduce thousands of its Apollo Go autonomous vehicles on Uber’s platform in areas outside of China and the United States.
China’s largest rental car platform, CAR Inc., is adding some of Baidu’s robotaxis to its fleets, allowing customers to rent a fully driverless car at an extremely low price in a major Chinese city.
Uber just announced a deal today with the company that runs one of the largest robotaxi fleets in China, as the ridehail giant nears its goal of becoming the world’s ultimate autonomous vehicle clearinghouse.
We recently published Lackluster Tuesday? Not for These 10 Stocks on Sky High. Baidu, Inc. (NASDAQ:BIDU) is one of Tuesday’s top performers. Baidu snapped a four-day losing streak on Tuesday, jumping 8.
Uber and Baidu soon want to offer robotaxi services outside China and the USA. A newly signed strategic partnership provides for thousands of Baidu's
Uber has partnered with a number of firms for robotaxi services, but this latest alliance is getting more attention than most.
Shares of Baidu ( BIDU 9.13%) charged sharply higher on Tuesday, surging as much as 9%. As of 12:46 p.m. ET, the stock was still up 8.5%. The catalyst that sent the Chinese tech giant higher was a high-profile partnership for its self-driving car platform.