Core Viewpoint - Baidu's autonomous driving service platform, Luobo Kuaipao, is set to collaborate with the overseas ride-hailing platform Lyft to provide autonomous driving services in Europe, marking a significant step in the global expansion of autonomous driving services [1][2]. Group 1: Strategic Partnership - The partnership will see Luobo Kuaipao's sixth-generation autonomous vehicles debut in Germany and the UK by 2026, with plans to scale up to thousands of vehicles in the European market [3]. - Lyft, established in 2012 and headquartered in San Francisco, is the second-largest ride-hailing platform in the U.S., holding approximately 39% of the market share as of 2024 [3]. - Baidu's founder, Li Yanhong, emphasized that this collaboration is a crucial milestone in Luobo Kuaipao's global strategy, aiming to provide safer, greener, and more efficient transportation services to European users [3]. Group 2: Market Response - Following the announcement of the strategic partnership on August 4, Baidu's stock rose by 1.75%, while Lyft's stock increased by 3.38% [5]. Group 3: Industry Trends - Other domestic autonomous driving companies, such as Pony.ai and WeRide, are also actively expanding into international markets, with WeRide recently obtaining the first autonomous driving license in Saudi Arabia [7]. - Luobo Kuaipao has deployed over 1,000 autonomous vehicles globally, operating in 15 cities, including Dubai [7]. - The industry is witnessing a favorable policy environment in China, with Shanghai's plan aiming for L4 autonomous driving to achieve over 6 million passenger trips by 2027 [9].
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