Baidu’s robotaxi unit plans Europe expansion

Baidu’s robotaxi unit plans Europe expansion


More than 70% of Baidu Apollo Go robotaxi rides in Wuhan were fully driverless as of April, and the company said in May it expected 100% of the rides to be completely autonomous in coming quarters.

Bloomberg | Bloomberg | Getty Images

BEIJING — Chinese tech company Baidu‘s Apollo Go robotaxi business plans to expand to Europe this year, according to a source familiar with the matter.

Over the coming months, Apollo Go plans to open an entity in Switzerland and launch operations locally and in Turkey, said the source, who could only comment anonymously because of the sensitivity of the matter.

Baidu declined to comment when contacted by CNBC.

The company’s Apollo Go robotaxi unit operates fully driverless taxis for the public, including in a suburb of Beijing and in other cities in China. Fares are typically subsidized.

Weekly analysis and insights from Asia’s largest economy in your inbox
Subscribe now

In March, Apollo Go announced it plans to expand to Dubai and Abu Dhabi. Last week the company said it was carrying out its testing in Hong Kong.

Local regulators in China have typically allowed robotaxis to operate fully autonomously after they have gone through several stages of testing, with and without safety drivers inside.

Rival robotaxi operator Pony.AI said earlier this month that it had entered a strategic partnership with Uber to launch the company’s vehicles on the U.S. company’s platform, with plans to also gain a presence in the Middle East later this year.



Source

Powell confirms that the Fed would have cut by now were it not for tariffs
World

Powell confirms that the Fed would have cut by now were it not for tariffs

US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington, DC on June 24, 2025. Saul Loeb | Afp | Getty Images Federal Reserve Chair Jerome Powell said Tuesday that the U.S. central bank would have easier monetary […]

Read More
Banks say Trump’s ‘big beautiful bill’ could boost the U.S. economy – despite deficit concerns
World

Banks say Trump’s ‘big beautiful bill’ could boost the U.S. economy – despite deficit concerns

The U.S. Capitol in Washington, D.C. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump’s “big, beautiful bill” — or officially, the One Big Beautiful Bill Act — is a controversial piece of legislation, but some banks are in favor of it, saying it’s the shot in the arm the economy needs. It was advanced […]

Read More
Tesla shares tumble after Trump says DOGE should look at Elon Musk’s subsidies
World

Tesla shares tumble after Trump says DOGE should look at Elon Musk’s subsidies

Elon Musk speaks with U.S. President-elect Donald Trump as they watch the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images Shares of Tesla were under pressure on Tuesday after President Donald Trump said in a late […]

Read More