On July 15, Uber Technologies Inc. and Baidu Inc. jointly announced that the two sides have reached a multi-year strategic partnership.planIn addition to the United States and ChinacontinentDriverless taxi (robotaxi) service will be operated in multiple markets, and the service will be connected to Uber’s shared mobility platform.
Image source: Radish Run
The two sides revealed in a joint statement that the autonomous vehicle developed by BaiduApollo GoIt will be available on the Uber app later this year, covering Asia and the Middle East. At the same time, the two sides said in a statement that thousands of autonomous vehicles will be put into operation as part of the cooperation. An Uber spokesperson added that it will expand to the European and Oceania markets in the future.
After the above report, Uber’s stock price rose 1.4% after the New York market opened, while Baidu’s American Depositary Receipts (ADRs) rose as much as 7% intraday.
As one of the largest driverless taxi operators in China,BaiduIt became the latest Chinese autonomous driving technology company to partner with Uber to bring its services overseas. cutBy May,Radish Run has completed more than 11 million public trips in 15 cities around the world, surpassing Alphabet’s autonomous driving subsidiary Waymo’s record of 10 million trips. In addition, Baidu is also actively planning to expand driverless taxi services in Switzerland, Singapore and Malaysia.
In addition to Baidu, Chinese companies such as WeRide, Pony.ai.ai, and Momenta, which are listed in the United States, have also reached agreements with Uber to provide driverless taxi services on Uber’s platform in select European and Middle Eastern markets in the coming years.
Uber has partnered with technology developers (includeWaymo) has established more than 10 global partnerships with automakers, and its strategic positioning is shifting from independent research and development technology to becoming an investor and commercialization platform in the field of driverless vehicles. Based on a number of collaborations, the Uber app is currently launching driverless taxi services in Phoenix, Austin, Atlanta, and Abu Dhabi, the capital of the United Arab Emirates.