Hong Kong Stocks Update | Baidu Shares Soar by Over 5%, Luobo Kuaipao Secures Dubai’s Pioneering Autonomous Driving License
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Author:小编   

The stock price of Baidu Group-SW has experienced a significant surge, climbing by over 5% to reach HK$135.4, marking a year-to-date cumulative increase of 63%. In recent news, Baidu's official Weibo account announced that a fleet of dozens of Luobo Kuaipao autonomous driving vehicles had successfully transported attendees to the 'Dubai World Congress for Autonomous Transport'. Furthermore, they proudly displayed Dubai's inaugural autonomous driving test license. In July, the Dubai Road and Transport Authority granted the first batch of 50 autonomous driving test licenses to Luobo Kuaipao. According to the agreement reached in March, Luobo Kuaipao is set to deploy more than 1,000 fully autonomous driving vehicles across Dubai. Presently, Luobo Kuaipao has expanded its operations to 16 cities, offering over 14 million autonomous driving trips and accumulating a safe driving distance exceeding 200 million kilometers. Since July, Luobo Kuaipao has intensified its collaboration with global platforms, aiming to expand its presence into markets across the Middle East, Eurasia, and other regions.