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"Woodsie" Cathie Wood Commends Luobo Kuaipao, Highlighting China and the US as Autonomous Driving Pioneers
2025-03-25 /
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Author：小编
ARK Invest has unveiled its "Big Ideas 2025" report, emphasizing the leading roles of China and the United States in the autonomous taxi sector. Cathie Wood, the visionary founder of ARK Invest, remarked in a recent program that among the firms anticipated to achieve autonomous driving milestones a decade ago, only Waymo, Tesla, and Baidu have transitioned from vision to reality. As of January 2023, Luobo Kuaipao, a subsidiary of Baidu, has successfully offered over 9 million autonomous driving services to the public. Furthermore, on March 24, ARK Invest acquired a total of 129,451 shares of Baidu stock through its ARKQ and ARKW exchange-traded funds (ETFs), amounting to approximately US$12.24 million.
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