π’ $9888.HK (Baidu Inc) Accelerates Apollo Go Expansion! ππ€
Chinese tech giant Baidu is taking its Apollo Go robotaxi service global:
β Talks with governments in Australia & Southeast Asia to enter new markets.
β 50 new trial licenses in Dubai, doubling its UAE fleet to ~100 cars.
β Full commercial launch in Dubai planned for Q1 2026, targeting 1,000+ robotaxis by end of 2027/28.
β Partnership with Lyft β aiming to enter Europe (UK & Germany) in 2026.
β In several Chinese cities, each vehicle is already profitable, though the overall division is not yet breakeven.
π‘ Why it matters:
π’ Baidu has invested billions in autonomous driving since 2013 and is now starting to see real returns.
π’ The Middle Eastβs openness to new technology and strong demand in Dubai could speed up commercialization.
π’ Expansion into Europe and Southeast Asia adds global growth and revenue diversification.
πΌ Disclosure: Baidu is the main holding in my portfolio β Iβm bullish on its long-term potential in autonomous transport.
π If you enjoy my posts, feel free to follow me for more updates! π
$BIDU (Baidu, Inc.-ADR)... Show More
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