One of Tesla’s prime competitors in China, Baidu, unveiled its newest robotaxi design Thursday and plans to begin drastically expanding its driverless taxi services in 2023, a year ahead of Tesla’s plans to do the same, The Wall Street Journal reported.
Baidu’s vehicle, the Apollo RT6, will be priced at $37,000, a significant decrease from the $71,000 that Baidu’s 2021 version of the car cost, according to the WSJ. The significantly lower cost barrier and plans for mass production come as global auto manufacturers race to gobble up market share in what is likely to be a very lucrative autonomous vehicle industry, the WSJ added.
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