Baidu Pins Hopes on Self-Driving Technology
June 09 2017 - 5:25AM
Dow Jones News
By Eva Dou
HONG KONG-- Baidu Inc.'s president touted the Chinese internet
giant's self-driving car platform Friday, a major initiative in its
turnaround campaign.
"It's a race of ecosystem versus any individual company," said
Qi Lu, at The Wall Street Journal's D.Live conference in Hong Kong,
about why he believes Baidu can win over self-driving rivals. He
added: "Follow the logic. I'm right."
Mr. Lu was tasked in January with righting Baidu's path when he
was appointed president, taking on operational command from Baidu's
founder and chairman, Robin Li. Baidu's sales and reputation had
suffered in China from controversies over its online ads for
medical services.
Since joining in January, one of Mr. Lu's first major pushes has
been to open up Baidu's autonomous-car software to the auto
industry. The open-source platform is called Apollo. Baidu had
previously been developing its own self-driving car.
Mr. Lu said Google is still ahead due to its early start, but he
believes Baidu can catch up by working closely with partners. Baidu
will announce some of its self-driving car partners in early July,
he said.
"In three to five years," he said, "the ecosystem of Apollo will
be ahead of any closed system."
Write to Eva Dou at eva.dou@wsj.com
(END) Dow Jones Newswires
June 09, 2017 05:10 ET (09:10 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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