The largest Chinese web service together with BMW will launch its own self-driving cars. Baidu is planning to use the new automobiles as a public taxi. The autonomous vehicle will reduce the risk of car accidents, which has already caused a high demand. Baidu has already started to run all technical tests and is planning to launch the new cars by the end of 2018.
The news about the car releases has positively affected the Baidu shares, which have increased by 2.4% and still continue to grow. Traders will have a good opportunity to earn money on a further increase. Remember, that trading will be available during the American session, from 14:40 to 21:00 GMT time.
The news is only for informational purposes and cannot be construed as an offer or indication of the commission of certain transactions in the financial and commodity markets.