Autonomous Vehicle News
On August 15th, two informed sources revealed that BYD has abandoned the agreement to equip its electric vehicles with Baidu ‘s autonomous driving technology and will focus on developing in-house intelligent car software. According to the report, Baidu , Inc. initially agreed in March 2022 to use its technology in BYD’s electric vehicles, including navigation and automated valet parking. This transaction was seen as a significant collaboration for Baidu ‘s autonomous driving division, Apollo. This partnership signifies a growing interest from automakers in their autonomous driving solutions. The South China Morning Post reported that, according to an anonymous source, Baidu , Inc. has invested several billion RMB in Apollo and still considers autonomous driving a top priority.