Apollo Go, Baidu's autonomous ride-hailing service, has achieved several milestones:
1. World's first purpose-built mass-produced Level 4 autonomous vehicle, designed for fully driverless operations.
2. Operating at scale across multiple cities with unit costs below $30,000.
3. Global footprint expanded to 15 cities, including recent entries into Dubai and Abu Dhabi.
4. Over 1,000 fully driverless vehicles deployed globally.
5. Expecting faster growth in geographic range and ride volumes in 2023 and beyond.
6. Exploring new business models through partnerships with ride-hailing platforms and fleet operators.
7. Strategic partnership formed with CAR Inc, China's top auto rental service provider.
Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.