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Baidu unveiled on July 21, 2022, the sixth generation of its self-driving electric car built for ride-hailing rides — at a cost nearly 50% below that of a model announced last year.
Baidu
BEIJING — Chinese tech giant Baidu announced Thursday it has cut the price of its robotaxi vehicles by nearly half, lowering costs for a nascent business.
The new vehicle, the Apollo RT6, is an electric car that costs 250,000 yuan (about $37,313) to produce — without relying on a third-party manufacturer, Baidu said. That price is 48% less than the 480,000 yuan manufacturing cost announced last year for the Apollo Moon, made in partnership with state-owned BAIC Group’s Arcfox electric car brand.
The…
Source cnbc.com
