Baidu's Robotaxi Sets Stage For Driverless Revolution With 54.6% Upside: Analyst
BIDUBIDU(BIDU) Benzinga·2024-07-17 01:19

Loading...Loading...Several factors could help Baidu.com Inc‘s BIDU Robotaxi initiative disrupt urban transportation, analysts note.What Happened: According to Goldman Sachs’ Lincoln Kong, Baidu’s Robotaxi launch is expected to accelerate user adoption and expand the company’s presence in the autonomous vehicle market.At this early stage, policy support from city governments and increasing Robotaxi fleet coverage are pivotal. These factors are not only driving user adoption but also setting the groundwork f ...