CORRECTION - Baidu Signs Strategic Partnership Agreements with BAIC Group and King Long to Accelerate Autonomous Driving
20 Outubro 2017 - 8:19AM
In a release issued under the same headline yesterday by
Baidu, Inc. (NASDAQ:BIDU) please note that in the sixth
paragraph of the release, the word "corporation" should have been
"cooperation." The corrected release follows:
Baidu, Inc. (NASDAQ:BIDU) announced signing
strategic cooperation agreements with two of China’s leading
automotive companies, BAIC Group and Xiamen King Long United
Automotive Industry Co., Ltd. (“King Long”). Baidu and BAIC Group,
one of the largest automakers in China, will mass-produce vehicles
with Level 3 autonomous features around 2019 and fully autonomous
Level 4 cars around 2021. Baidu also signed a strategic partnership
agreement with King Long, a leading Chinese commercial vehicle
manufacturer. Together the two companies will put autonomous buses
that run on designated areas into mass production and trial
operation by the end of July 2018. These agreements mark another
milestone in the development of the Apollo open-source autonomous
driving platform and ecosystem following Baidu’s release of Apollo
1.5 this past September.
Photos accompanying this announcement are available
at:
http://www.globenewswire.com/NewsRoom/AttachmentNg/ba26b2d0-2975-4eb8-ada4-b01205cd2e8c
http://www.globenewswire.com/NewsRoom/AttachmentNg/a5254955-bc58-4837-a51c-c17586b4102e
Baidu and BAIC Group to Mass Produce Level
4 Autonomous Vehicles by 2021
The combination of Baidu’s Apollo open platform
and BAIC Group’s vehicle platform will enable the mass production
of autonomous cars, with Baidu’s AI technology at the core. The
cooperation covers connected cars and cloud services with the goal
of creating an “AI+Automotive” ecosystem. Apollo technology, the
conversational AI platform DuerOS, and image recognition
technologies will be integrated into BAIC Group’s in-car systems to
create a one-stop shop of connected car products. In addition, the
two companies will jointly explore opportunities to create a new
cloud ecosystem, products in intelligent transportation and mobile
travel, and other big data services. The cooperation will cover
BAIC Group’s passenger, commercial, and new-energy vehicles. It is
anticipated that BAIC will be fully equipped with the Apollo car
networking capabilities by the end of 2018, and in 2019, the number
of BAIC vehicles equipped with Baidu’s connected car products is
expected to exceed 1 million.
Baidu Chairman and CEO, Robin Li, said, “More
than a century ago the automobile went from stage zero to stage
one, and in doing so, it not only transformed the way people
travelled, but also created new industry systems and became a model
of industrial innovation. Baidu and BAIC Group are joining forces
on the opportunity to likewise bring autonomous vehicles from stage
zero to stage one, grow China’s automotive industry, and to help
write a new chapter in the industry’s history.”
BAIC Group Chairman, Xu Heyi, said, “The rise of
AI has led to unprecedented change in traditional manufacturing. We
need a more open and innovative spirit to meet these changes.
Intelligent technology is a major trend in the global automotive
industry, and it is essential to BAIC Group as we continue our
transformation into an innovation-driven company. We hope that by
cooperating with Baidu in autonomous driving, intelligent driving,
and intelligent transport, we can improve the future of travel for
us all.”
Baidu and King Long to
Advance Mass Production of Autonomous
Buses by 2018
Baidu and King Long, China’s leading bus
manufacturer, will work together to release autonomous driving
buses that run on designated areas by the end of July 2018. These
vehicles will be the first self-driving buses in China to be
mass-produced and mark an acceleration of Baidu’s timeline for the
mass production of autonomous vehicles. The partnership will
combine Apollo’s cutting-edge autonomous driving solutions with
King Long’s extensive vehicle fleet, pioneering work, and expertise
in commercial vehicle designs for mass production. The Apollo
platform will be integral to the entire research and development
process. The two companies have already performed autonomous
waypoint driving in enclosed venues using King Long buses deployed
with Apollo’s 1.0 capabilities. Together, Baidu and King Long will
aim to provide autonomous buses to supply first and last mile
services in China.
Baidu Vice Chairman, Group President and COO, Qi
Lu, said, “The mass production of autonomous vehicles will first be
achieved in the commercial vehicle segment, and this cooperation
represents a key step toward this. Our cooperation together will
combine Baidu’s AI expertise and King Long’s automotive production
experience to create commercial value and contribute to combatting
China’s traffic congestion problem. This is just one area where the
Apollo platform will help advance China’s automotive industry
significantly over the coming years.”
King Long Chairman, Siyu Xie, said, “The
cooperation between Baidu and King Long will help fully realize the
vision of a safer, more convenient and efficient public
transportation system by 2018. This is a big step towards making
China’s public transportation more intelligent and connected, and
we are proud to be a part of this industry milestone.”
About BaiduBaidu, Inc. is the
leading Chinese language Internet search provider. Baidu aims to
make a complex world simpler through technology. Baidu's ADSs trade
on the NASDAQ Global Select Market under the symbol "BIDU".
Currently, ten ADSs represent one Class A ordinary share.
Media Contact Baidu
International Communications intlcomm@baidu.com
Baidu (NASDAQ:BIDU)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
Baidu (NASDAQ:BIDU)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024