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Stock impact report

Uber, Lyft set to trial robotaxis in the UK in partnership with China's Baidu [MSNBC.com]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: MSNBC.com
Key PointsA Baidu Apollo RT6 robotaxi during Baidu's Apollo Day in Wuhan, China, on Wednesday, May 15, 2024.Bloomberg | Bloomberg | Getty ImagesChinese tech giantThe announced collaborations will bring Baidu's Apollo Go autonomous vehicles to the British capital through theLyft's testing of Baidu's initial fleet of dozens of vehicles will begin in 2026, pending regulatory approval, "with plans to scale to hundreds from there," Lyft CEO David Risher said in apost on social media platform XMeanwhile, UberThe moves add to Baidu's growing global footprint, which it says includes 22 cities and more than 250,000 weekly trips, as it races against other Chinese players likeWeRideAlphabetThe UK, in particular, has seen a wave of interest from driverless taxi companies, following the government'sannouncementgovernment now aimsThe city of London has also established a "Vision Zero" goalNews of Baidu pilots comes as its competitorWaymo also looks to begin testingBaidu, for its part, has been aggr Show less Read more
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