Chinese internet giant Baidu preparing to test driverless ride-hailing service in Europe

Wall Street Journal with the report, gated, citing people familiar with the matter.

In brief:

• Baidu is preparing to test its driverless ride-hailing service, Apollo Go, in Europe for the first time.
• Baidu is in talks with Switzerland’s PostAuto to launch Apollo Go and plans to launch in Turkey amid rising domestic competition.

• Autonomous-driving companies are seeking to monetize their tech via ride-hailing; robotaxi services may face regulatory challenges in Europe.

• Baidu plans to set up a local entity in Switzerland in the coming months and start testing the technology by the end of this year, the people said.

This article was written by Eamonn Sheridan at www.forexlive.com.