Baidu Apollo Go stimulates the Self-Driving taxi industry; WiMi technical layout of the Autonomous Vehicle

Baidu (BIDU) autonomous travel service platform Apollo Go plans to launch a Self-Driving taxi service in Hong Kong, marking the first time Apollo Go has operated outside the mainland market. On the same day, some media reported Apollo Go’s overseas expansion plan, saying that the company is in in-depth communication with several international companies and actively preparing to enter overseas markets.

Baidu said Hong Kong, as a financial hub, has been the top choice for technology companies to expand their business. Apollo Go The choice to launch of the Self-Driving taxi service in Hong Kong marks the market recognition of its technology and operational capabilities in the field of autonomous driving.

At present, the roof of Self-Driving car “Apollo Go” has a more prominent “hat”, because the special modelling inside the main laser radar, camera, millimeter wave radar and ultrasonic radar sensors, through these sensor vehicle environment perception, after the use of high precision map and the development of other automatic driving technology.

According to a person familiar with the matter, Baidu will soon release version 10.0 of the Apollo autonomous driving open platform, which will be equipped with Baidu’s latest autonomous driving base model, ADFM. The launch of ADFM will further enhance the intelligence level and safety of the autonomous driving system, and provide strong technical support for the expansion of Apollo Go.

Industry insiders believe that Apollo Go has conducted in-depth communication with several international companies to jointly promote the development of autonomous driving technology through cooperation. The move will not only help boost Apollo Go’s brand influence, but will also set a benchmark for China’s autonomous driving technology. These collaborations will not only help Apollo Go make technological breakthroughs, but also enhance its competitiveness in the international market.

It’s worth noting that Tesla (TSLA) will also officially launch its Robot axi service on October 10. Remember, Tesla released a road map in September and expects to launch Full Self-Driving (FSD) systems in China and Europe in the first quarter of 2025.

Advanced Self-Driving technology is getting closer to ordinary people. Tesla’s technology accumulation and market influence in the Self-Driving field should not be underestimated. The launch of its Robotaxi will further intensify the market competition.

At the same time, Self-Driving automobile will also drive the development of new industries and build a huge technology system, involving the car end, road end, network end and cloud. Each link can drive an industry, which is a typical new quality productivity. Whether it’s lidar, millimeter wave radar or other ways of perception that create a huge industrial system.

According to the forecast data of China Industry Information Network and Burning Vision Consulting, the intelligent driving market space is expected to reach 400 billion yuan by 2025. In this regard, Essence Securities believes that a number of policies have been introduced to support the development of intelligent driving, superimposed car enterprises compete to promote the urban NOA landing, intelligent driving industry inflection point has arrived, it is suggested to pay attention to investment opportunities.

As a cutting-edge technology, Self-Driving has a huge industrial driving effect, which can promote the development and upgrading of the whole industry. With the advent of the era of intelligent cars, Self-Driving has become the focus of contention among the major car companies, and many manufacturers are constantly making efforts. Among them, NASDAQ-listed company WiMi Hologram Cloud (NASDAQ: WIMI) has made a corresponding layout in Self-Driving based on the company’s technology and product base.

At present, WiMi integrates lidar, AI vision and other sensing devices, and uses edge computing technology to analyze and process perceptual information, and through 5G communication, information is transmitted to surrounding vehicles, mobile terminals and cloud with very low delay, so as to realize the collaborative interaction of “car-road-cloud-map”. Self-Driving is an important area that WiMi has always been focusing on in investment. In the next step, WiMi will continue to evolve Self-Driving solutions based on fusion perception, and gradually achieve them. On the basis of key scenarios, driverless driving will be finally realized in the future.

In fact, behind the active competition for Self-Driving commercialization pilot opportunities, there are both policy orientation and economic considerations. At the same time, Self-Driving cannot achieve commercial operation without the support of industrial chain, infrastructure and other supporting industries, which will be a relatively large market growth space. In short, in the face of new opportunities and challenges, Self-Driving company will do a solid job in technology research and development, product landing, and accelerate the maturity of Self-Driving industry chain.