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: BloombergThe 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’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
Topic |   Baidu
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: BloombergThe 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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