Baidu halves production cost for latest self-driving vehicle

Apollo RT 6 boasts detachable steering wheel and plethora of sensors

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Zhenyu Li, left, a senior corporate vice president at Baidu, presents the company's next-generation autonomous vehicle in Beijing on July 21. (Courtesy of Baidu)

CISSY ZHOU, Nikkei staff writer

HONG KONG -- Chinese search engine giant Baidu on Thursday released its new generation of autonomous vehicles with a production cost roughly half that of its previous Apollo Moon line.

The company is hopeful that the per unit cost of 250,000 yuan ($36,900) will allow it to roll out large numbers of the Apollo RT 6 to provide affordable taxi rides.

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