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Baidu and BAIC Group’s ARCFOX brand collaborate to launch Apollo Moon robotaxis, plan mass production at affordable costs

BEIJING, June 17, 2021 /PRNewswire/ — Baidu, Inc. (NASDAQ:BIDU and HKEX:9888) is partnering with BAIC Group’s EV brand ARCFOX to jointly release Apollo Moon, a new generation of robotaxis that are set to be mass-produced with a per unit manufacturing price of RMB 480,000. Remarkably only one third of the cost of average L4 autonomous vehicles, Apollo Moon is a monumental milestone in the large-scale commercialization of fully autonomous ride-hailing services in the smart transportation industry.

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