BIDU-SW (09888.HK): Apollo Go's New-gen Unmanned Car Has Safety Level Close to Domestic-made C919 Jet

AASTOCKS

2024-07-12 07:38

BIDU-SW (09888.HK) (BIDU.US) noted that its subsidiary Apollo Go has launched its newest 6th generation unmanned vehicles connected to BIDU's Apol...

　　BIDU-SW (09888.HK) +1.800 (+1.852%) Short selling $303.38M; Ratio 23.129% (BIDU.US) noted that its subsidiary Apollo Go has launched its newest 6th generation unmanned vehicles connected to BIDU's ApolloADFM foundation model. The autonomous driving capacities, which have been reconstructed based on the foundation model technology, have a safety level over 10x that of human drivers, at a level close to the Mainland-made C919 aircraft.

　　In addition, Baidu Apollo has purchased RMB5 million worth of insurance for each unmanned vehicle and its passengers.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-11 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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