The Neolix Technologies autonomous vehicle, powered by Baidu Apollo technology, stands on display at the Auto Shanghai 2019 show in Shanghai, China, on Wednesday, April 17, 2019. Photo: Bloomberg
The Neolix Technologies autonomous vehicle, powered by Baidu Apollo technology, stands on display at the Auto Shanghai 2019 show in Shanghai, China, on Wednesday, April 17, 2019. Photo: Bloomberg
Baidu

Baidu’s self-driving car business has gone seven years without making money; it says it’s ready to stick with it for seven more

  • Since it started developing self-driving technologies in 2013, Baidu has yet to make money from autonomous driving
  • The company is committed to continuing to invest in the sector for at least the next seven years, the head of its autonomous driving unit Apollo says

The Neolix Technologies autonomous vehicle, powered by Baidu Apollo technology, stands on display at the Auto Shanghai 2019 show in Shanghai, China, on Wednesday, April 17, 2019. Photo: Bloomberg
The Neolix Technologies autonomous vehicle, powered by Baidu Apollo technology, stands on display at the Auto Shanghai 2019 show in Shanghai, China, on Wednesday, April 17, 2019. Photo: Bloomberg
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