BEIJING, March 10, 2021 /PRNewswire/ -- Baidu, Inc.
(NASDAQ:BIDU), a leading AI company with strong Internet
foundation, today announced that Baidu Apollo jointly won a bid to
construct a 5G intelligent driving project in Chengdu in a tender worth RMB 105 million ($16.1
million). The first project of its kind on Sichuan Province, the win adds to Baidu
Apollo's growing portfolio of smart transportation projects across
China, which are leveraging the
company's strengths in AI-powered new infrastructure to bring about
an intelligent transformation of transportation and urban
management.
As part of the project, Baidu Apollo will develop 30 kilometers
of intelligent connected demonstration roads in the
Singapore-Sichuan Hi-Tech Innovation Park. Baidu also aims to
construct a 5G-based intelligent connected vehicle demonstration
zone that will support research and development testing as well as
future commercial applications. Once the project is completed,
Baidu aims to launch autonomous driving services to Chengdu residents, including robobuses and
robotaxis, and create a variety of smart transportation
applications as part of an intelligent driving industrial
ecosystem.
Since Baidu and the Chengdu Hi-tech Industrial Development Zone
reached a strategic cooperation in June
24, the two parties have been actively promoting the
construction of Sichuan Province's
first benchmark project for intelligent driving. This new project
to develop a 5G intelligent driving zone represents a major leap
for the development of smart transportation and the intelligent
connected industrial ecosystem in Sichuan.
An economic engine in western China—and the home of the
pandas—Chengdu has vigorously supported the AI industry, opening a
national pilot zone for AI innovation in February of this year. The
Chengdu Hi-Tech Zone has also been committed to fostering the
growth of the 5G and AI industries within the Singapore-Sichuan
Hi-Tech Innovation Park, focusing on key areas such as smart
transportation, the industrial Internet, and intelligent
healthcare. Through investing in the construction of
Vehicle-to-Everything (V2X) intelligent infrastructure, a Cellular
Vehicle-to-Everything (C-V2X) network, the development of V2X
software and hardware applications, and the implementation of
intelligent vehicle applications, the Chengdu Hi-Tech Zone aims to
be a global highland and benchmark for the smart transportation
industry.
A leader in smart transportation, Baidu Apollo's ACE
Transportation Engine—a full-stack solution that stands for
"Autonomous Driving, Connected Road, Efficient Mobility"—has been
put in use in nearly twenty cities. In the future, Baidu Apollo
will give full play to its core advantages in areas such as
autonomous driving and V2X technology to accelerate the
construction of an intelligent driving demonstration zone in
Chengdu Hi-tech Zone, which aims to be a world-class benchmark
project for smart transportation and intelligent connected
industrial ecosystems.
About Baidu
Founded in 2000, Baidu's mission is to make the complicated
world simpler through technology. Baidu is a leading AI company
with strong Internet foundation. Baidu's ADSs trade on the NASDAQ
Global Select Market under the symbol "BIDU". Currently, each ADS
represents eight Class A ordinary shares.
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SOURCE Baidu, Inc.