Baidu’s robotaxi unit is exploring expansion into global markets in the ‘near future’

Baidu’s robotaxi unit is exploring expansion into global markets in the ‘near future’


Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles.

Baidu

BEIJING — Chinese tech company Baidu‘s robotaxi unit, Apollo Go, is in talks with several firms to expand into overseas markets in the “near future,” according to a source familiar with the matter.

No details on timing or regions were available.

Baidu is one of the major operators of robotaxis in China. Regulators in parts of Beijing and cities such as Wuhan — Apollo Go’s largest operating region — have allowed companies to commercially operate self-driving taxis after years of just permitting internal testing.

Tesla is scheduled to hold its widely anticipated robotaxi event on Thursday.

Expectation from Tesla robotaxi event is 'pretty low', says Canaccord's George Gianarikas

WeRide, another Chinese robotaxi developer, in late September announced a deal to integrate its cars onto ride-hailing giant Uber‘s platform in Abu Dhabi this year. The statement said the companies did not plan on similar partnerships in the U.S. or China.

In July, BYD and Uber announced they would develop “autonomous-capable vehicles” for the ride-hailing company’s platform. They did not share details.

Robotaxi rides in China operated by Baidu and companies such as Pony.ai are generally highly subsidized by the companies to encourage their usage. Local regulation sometimes requires a human staff worker to sit inside the car, meaning not all the vehicles are fully autonomous.

Baidu said as of late July, Apollo Go had operated more than 7 million robotaxi rides.

Separately, Baidu on Tuesday announced Rong Luo would no longer serve as its CFO, and instead become executive vice president overseeing the company’s mobile ecosystem unit. Junjie He, former head of the mobile unit, will become interim CFO, the company said. Baidu described the changes as part of a “management rotation.”



Source

Revolut acquires full UK banking license after years-long wait
World

Revolut acquires full UK banking license after years-long wait

Fintech Revolut has finally acquired a full U.K. banking license after a years-long wait, unlocking its ability to offer a new range of products in the country, including lending. The startup, which hit a $75 billion valuation in 2025 and is one of Europe’s most valuable private tech companies, will be able to start offering […]

Read More
Consumer prices rose 2.4% annually in February, as expected
World

Consumer prices rose 2.4% annually in February, as expected

Prices consumers pay for a broad range of goods and services rose in line with expectations for February, offering a final look at inflation pressures before an oil shock tied to the Iran war rattled the outlook. The consumer price index increased a seasonally adjusted 0.3% for the month, putting the 12-month inflation rate at […]

Read More
Treasury yields gain after sticky February inflation reading, oil price increase
World

Treasury yields gain after sticky February inflation reading, oil price increase

A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 5, 2026 in New York City. Angela Weiss | Afp | Getty Images Treasury yields moved higher on Wednesday as investors weighed a sticky February inflation report and monitored moves in oil prices in the midst […]

Read More