Wall Street Journal with the report, gated.
In brief:
- Baidu is preparing to test its driverless ride-hailing service, Apollo Go, in Europe for the first time.
- Baidu is in talks with Switzerland’s PostAuto to launch Apollo Go and plans to launch in Turkey amid rising domestic competition.
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Autonomous-driving companies are seeking to monetize their tech via ride-hailing; robotaxi services may face regulatory challenges in Europe.
This article was written by Eamonn Sheridan at www.forexlive.com.