Summary:
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Game-Changing Affordability
Baidu’s Apollo Go RT6 robotaxis, priced at under $30,000 per vehicle, drastically lower costs compared to U.S. competitors like Waymo. -
Scalable and Efficient
The RT6 uses battery-swapping technology, improving cost-efficiency and unit economics while supporting rapid scaling of fleets. -
Low Fares, High Adoption
Base fares start at just 4 yuan ($0.55), significantly cheaper than human-driven taxis, contributing to 988,000 rides in Q3 2024, a 20% YoY increase. -
Autonomous Capability
The RT6 is a Level 4 autonomous vehicle, designed without the need for a human driver, showcasing Baidu’s technological edge. -
Competitive Pressure
Baidu’s advancements signal intensified global competition, urging U.S. firms to innovate or risk losing their edge in the autonomous driving market.
Read more at: The Verge