Proud For Profits
  • Investing
  • Stock
  • Latest News
  • Economy
  • Investing
  • Stock
  • Latest News
  • Economy
No Result
View All Result
Proud For Profits
No Result
View All Result
Home Stock

Baidu’s Apollo autonomous vehicles granted licence to test in Hong Kong

by
November 30, 2024
in Stock
0
Baidu’s Apollo autonomous vehicles granted licence to test in Hong Kong

BEIJING (Reuters) – China’s Baidu (NASDAQ:BIDU) has received the licence to test autonomous vehicles with its Apollo robotaxi service in Hong Kong as it expands its footprint outside Chinese mainland.

Baidu Apollo International Ltd was approved to conduct trials for 10 autonomous vehicle in North Lantau, according to a statement released by Hong Kong’s Transport Department on Friday.

The license will be valid from Dec. 9, 2024 to Dec. 8, 2029, with only one self-driving car operating on specified road sections at a time in its first phase, according to the statement.

During the trial, a backup operator stationed on board shall take over control of the vehicle if necessary, it added.

The Hong Kong government has since at least 2017 actively promoted autonomous vehicles, but has only recently allowed wider trials of autonomous vehicles including on public roads following the rollout of a new regulatory legislation in March this year.

This is the first pilot licence given out by the Hong Kong government since the introduction of the new regulatory regime.

It also marked Baidu’s first known permit for autonomous vehicle testing outside mainland China.

The company’s robotaxi service Apollo Go is operating in multiple Chinese cities, with the largest fleet of more than 400 vehicles in central China’s Wuhan city.

As competition to commercialize autonomous vehicles heats up, Baidu plans to launch its robotaxi service outside mainland China, including Hong Kong, Singapore and the Middle East, the Wall Street Journal reported last month.

This post appeared first on investing.com
Previous Post

Nissan CFO Stephen Ma to step down, Bloomberg News reports

Next Post

JPMorgan agrees to drop lawsuit against Tesla over stock warrants

Next Post
JPMorgan agrees to drop lawsuit against Tesla over stock warrants

JPMorgan agrees to drop lawsuit against Tesla over stock warrants

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    Machado tells US oil giants Venezuela will become beacon of wealth creation after Trump ousted Maduro

    Machado tells US oil giants Venezuela will become beacon of wealth creation after Trump ousted Maduro

    March 26, 2026
    Shanghai sabotage: Inside Singham’s secret strategy to demonize America

    Shanghai sabotage: Inside Singham’s secret strategy to demonize America

    March 26, 2026
    NevGold Mobilizes Drill To Test Historical Leach Pads To Advance The Near-Term Antimony Production Scenario at Limo Butte

    NevGold Mobilizes Drill To Test Historical Leach Pads To Advance The Near-Term Antimony Production Scenario at Limo Butte

    March 13, 2026
    Track all markets on TradingView

    About Proud For Profits

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Economy

    Latest News

    • Machado tells US oil giants Venezuela will become beacon of wealth creation after Trump ousted Maduro
    • Shanghai sabotage: Inside Singham’s secret strategy to demonize America
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 proudforprofits.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Economy

    Copyright © 2026 proudforprofits.com | All Rights Reserved