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News Wire / economy

Wuhan Robo-Taxi Operations Suspended

CNA938 Singapore Beijing 15d Impact 5
Shares of China's Baidu and competing robo-taxi firms declined following news that authorities suspended new licenses. The market decline occurred amid volatile commodity prices affecting different regional benchmarks.

Topics

Baidu robo-taxi licensing

Developing

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Sources · 7 independent

CNA938 Singapore

“Shares of China's Baidu and rival robo-taxi firms fell today on news that authorities have suspended new license.”

CNA938 Singapore

“robo-taxi firms fell today on news that authorities have suspended new license.”

CNA938 Singapore

“robo-taxi firms fell today on news that authorities have suspended new license. for autonomous vehicles. This is after an incident last month when more than 100 Baidu Apollo Go robo-taxi stalled on the streets of Wuhan.”

CNA938 Singapore

“Wuhan robo-taxi operations have reportedly been suspended while authorities investigate the outage.”

CNA938 Singapore

“China's regulators have told local governments to conduct full safety reviews and tighten monitoring standards. The pause means self-driving firms cannot add robo-taxies”

CNA938 Singapore

“firms cannot add robo-taxies, launch fresh pilot projects or expand their services.”

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