Chinese tech giant Baidu expects its robotic arm, Apollo Go, to be profitable next year.
Driverless robot axis rolls out in Beijing
Or more specifically, according to Baidu representatives, its self-driving division's unit economics are currently approaching break-even in Wuhan, and are expected to break even in the fourth quarter of 2024 and become profitable in 2025.
The tech giant also told The Register that its sixth-generation robot taxi costs about half of the latest model at ¥200,000 ($28,000).
6th generation Apollo Go vehicle – click to enlarge
