2024 H1, Baidu's Apollo Go robotaxi rides grew 26% YoY, while CEO expects years to meaningful market share.
Baidu's Apollo Go robotaxi rides experienced a slower growth rate, increasing by 26% year-on-year in the first half of 2024 compared to a 184% growth rate in 2023. Despite the growth, robotaxi rides only make up a small share of the overall ride-hailing market, with Baidu's CEO suggesting it could take years to reach meaningful market share. The company's Apollo Go fleet reached 7 million rides in July 2024, with plans to deploy 1,000 6th-generation robotaxis in Wuhan by Q4 2024.
August 23, 2024
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