Luobo Kuaipao (Apollo Go), a frontrunner among the world's rapidly expanding autonomous driving ride-hailing service platforms, is consistently showcasing its immense growth potential. Lately, Baidu's stock has experienced a notable upswing, fueled by positive policy shifts within Hong Kong's autonomous driving landscape. The Chief Executive of the Hong Kong Special Administrative Region has put forward a proposal to expedite the driverless, large-scale, and commercial rollout of autonomous driving technologies in Hong Kong—a move that Baidu has welcomed with enthusiasm.
Over the past year, Luobo Kuaipao has achieved remarkable milestones in Hong Kong, accumulating over 20,000 kilometers of safe testing and broadening its road testing network, thereby cementing its leadership role in the region's autonomous driving sector. The company's technological prowess is unparalleled, and the integration of large-scale models has only amplified its competitive edge. Baidu is poised to submit an application for extending its testing grounds to Kai Tak, a move that could carry substantial weight if greenlit.
Since the dawn of the year, Luobo Kuaipao has intensified its global market penetration, making a successful debut in the Middle East and forging partnerships with international giants like Lyft and Uber. As autonomous driving regulations worldwide start to relax, it is imperative for China to accelerate its policy support mechanisms. Baidu has undeniably secured its place among the elite of autonomous driving firms. With its stock price on an upward trajectory this year, its achievements are far from fleeting.