Baidu (HKG:9888) is planning to roll out its Apollo Go robotaxi service in Singapore and Malaysia as early as this year, as the Chinese tech giant expands its autonomous driving footprint overseas, Bloomberg reported Friday, citing a person familiar with the matter.
Apollo Go is currently in talks with potential partners to determine suitable business models for both markets, the report said.
The move comes just as Tesla prepares to unveil its Cybercab robotaxi network, with CEO Elon Musk betting heavily on self-driving technology, the report added.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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