Baidu can now begin its robotaxi business after Beijing permitted it to collect fares from passengers. The Chinese multinational tech company revealed the developments in its robotaxi venture this week.
Baidu’s approval means a lot as it is considered a crucial step in achieving the company’s goal of offering driverless taxi services to the locals. According to CNBC, Beijing’s handing down of regulatory approval to help robotaxis in the country comes as local U.S. governments have also started their own driverless taxi projects.
This is said to be the first time that a large city in the country allowed a company to charge the public for robotaxis rides. Baidu’s Intelligent Driving Group’s vice president and chief security officer, Wei Dong, told CNBC that other major cities in China, such as Shenzhen, Shanghai, and Guangzhou, are also expected to follow suit later. He said they predicted these cities to do the same before this year ends or by early next year.
At any rate, starting Thursday, Nov. 25. Baidu’s Apollo Go, the division that operates the robotaxi business, can start collecting fares from customers. There will be a total of 67 autonomous cars plying around Yizhuang, a suburban district in Beijing.
In October 2020, Baidu offered free rides on its robotaxis that were deployed in the same area. Today, passengers will be charged for the service, but Baidu did not reveal the exact pricing for the fares, but its spokesman said it would be similar to premium level ride-hailing vehicles which is twice the amount of ordinary taxis charge.
Wei said that during the trial run, Baidu robotaxis managed to gain regular passengers in Yizhuang. He said there are over 20,000 passengers who use the service at least 10 times per month. This is a good number, but with the upcoming collection of fees, it is now uncertain if all of them will still be riding the driverless cars.
Finally, Reuters reported that the robotaxi service would be available every day, and there will be over 600 pick-up and drop-off points in Yizhuang for both commercial and residential areas.


Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields
GM Q2 Earnings Beat Estimates as General Motors Raises 2026 Profit Outlook
Oil Prices Extend Four-Day Rally as U.S.-Iran Conflict and Red Sea Threats Raise Supply Fears
Asian Stocks Rise as Oil Retreats on Iran Ceasefire Hopes Ahead of Key AI Earnings
Super Micro Computer Stock Jumps 20% After Record AI Orders and Margin Surge
Domino’s Weighs Appeal After Australian Court Rules Workers Were Misled on Pay
Saudi Oil Tankers Reverse Course as Houthi Threats Disrupt Red Sea Shipping
Judge Approves Anthropic’s $1.5 Billion AI Copyright Settlement With Authors
Belimo H1 Sales Surge as AI Data Center Cooling Drives More Than Half of Growth
European Stocks Slip as Earnings, UK Inflation and ECB Decision Keep Investors on Edge
SpaceX Q2 Earnings on Aug. 4 Set Stage for Historic Insider Share Unlock
US Stock Exchanges Face Earnings Test as Trading Boom Meets Crypto Competition
Gold Price Surges Above $4,100 as Middle East Tensions Boost Safe-Haven Demand
Asian Stocks Rally on AI Spending Optimism as Middle East Tensions Push Oil to Six-Week High
Houthi Naval Blockade on Saudi Arabia Escalates Iran Conflict, Threatens Global Oil Supply
US-Iran Conflict Escalates as Gulf Attacks Threaten Global Oil Supply
ASML Trillion-Dollar Valuation: Can Europe’s AI Chip Giant Reach the Historic Milestone? 



