Baidu Robin Li: Luobo Kuaipao has deployed about 400 vehicles in Wuhan, accounting for only about 1% of the taxi market

According to this website’s news on August 24, Baidu announced its Q2 financial report on Thursday. Among them, the Q2 orders of Luobo Kuaibo were approximately 899,000, a year-on-year increase of 26%. As of July 28, 2024, Luobo Kuaipao has provided more than 7 million self-driving travel services to the public. Regarding the operation of Luobo Kuaipao in Wuhan, Baidu Robin Li said that Luobo Kuaipao’s Wuhan fleet has about 400 vehicles and currently accounts for a small share of Wuhan’s taxi service market, about 1%. Scaling up will certainly be a gradual process that will likely take many years.

▲ Baidu Luobo Kuaipao’s sixth-generation autonomous vehicle is undergoing road testing in Wuhan. In May this year, Luobo Kuaipao released a vehicle equipped with the sixth-generation autonomous driving solution, fully applying “autonomous driving large model + hardware products” + Security Architecture" solution. Data shows that the actual accident rate of Luobo Kuaipao is only one-fourth of that of ordinary drivers.
On June 19, Luobo Kuaipao began to provide 100% fully driverless ride-hailing services in almost the entire Wuhan (its largest operating city), marking an important milestone for this project. In addition, Luobo Kuaipao’s sixth-generation autonomous vehicle RT6 has begun large-scale fully unmanned road testing.
Baidu previously stated that Luobo Kuaishou "Apollo RT6" is expected to put 1,000 units into operation in Wuhan in 2024. The annual planned production capacity will gradually increase from 10,000 units to 100,000 units according to the pace of operation and deployment, and is expected to be available in 65 cities in 2025. Operations will cover 100 cities by 2030.
This site has noticed that Luobo Kuaipao (Baidu self-driving travel service platform) has been opened for operation in cities such as Beijing, Shanghai, Guangzhou, Shenzhen, Chongqing, and Wuhan. The billing specifications in Wuhan are as follows:
The fare includes starting fee, mileage Fee, time fee, remote fee.
Various fees are charged according to unified standards on rest days. The starting mileage is 1 km and the duration is 2 minutes. The starting fee is 18 yuan; the mileage fee is 2.7 yuan/km; the duration fee is 0.5 yuan/minute; if it exceeds 10 kilometers, a long-distance fee of 0.9 yuan/km will be charged. .
Regular days are divided into four periods. Taking the mileage fee as an example, the fee is 3 yuan per kilometer from 0 to 9 o'clock, 2.7 yuan per kilometer from 9 to 17 o'clock, 3 yuan per kilometer from 17 to 20 o'clock, and 3 yuan per kilometer from 20 to 0 o'clock. The kilometer fee is 2.7 yuan.
Robin Li said that Robotaxi has long been regarded by the industry as a very advanced field, so that no one can accurately predict how long it will take to truly realize it, but Baidu is about to achieve regional breakeven.
"We are constantly reducing costs through innovation. With the large-scale testing of the sixth-generation unmanned vehicle Apollo RT6 model, we expect that the RT6 model will bring continuous cost reduction after it is officially put into operation."
Robin Li also mentioned , all Luobo Kuaipao cars are operated by Baidu, and Baidu is responsible for hardware capital expenditures and depreciation costs, and is open to various business models and partnerships.

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