Baidu’s (BIDU) Apollo Go service strikes 1 million EV autonomous ride milestone in China
August 30, 2022
Chinese tech giant Baidu (BIDU) beat Wall Street’s Q2 earnings estimates on Tuesday despite several headwinds in China’s economy. Baidu’s Apollo Go, its robotaxi business, unveiled its next-gen autonomous EV, the Apollo RT6, as the service surpasses 1 million rides.
Like Google in the US, Baidu dominates the search market in China with a market share of three-fourths (75.5%).
Although…