Recently, the enthusiasm in the Robotaxi industry has been intensifying. A recent report from JPMorgan stated that Baidu's market value should reach $79.6 billion. This news has drawn widespread attention in the market, especially as major companies in the field of autonomous driving are emerging one after another.
According to predictions from overseas research institutions, the valuation of the well-known autonomous driving company Waymo is expected to surge to $75 billion next year, a trend that has prompted the industry to reassess the value of Robotaxi. Analysts believe that Baidu's Robotaxi, known as "Rabo Kuaipai," will also see an increase in its valuation, with an estimated market value of around $40 billion.
This year, the Robotaxi industry has made significant progress in both domestic and international markets. Rabo Kuaipai has successfully expanded to international markets such as Dubai and Abu Dhabi, with a total service count exceeding 11 million times. Similarly, Waymo has not lagged behind, achieving over 10 million service instances globally. These remarkable achievements indicate that autonomous driving technology is rapidly maturing and gaining user trust.
Notably, a report from Bank of America described the development of autonomous vehicles as the "ChatGPT moment," pointing out that this technological revolution will open up trillion-dollar market opportunities. The report mentioned that Baidu and more than 20 other companies will benefit from it, which undoubtedly brings hope to investors.
In the capital market, renowned investor Cathie Wood, known as the "female Warren Buffett," is also full of confidence in the future of autonomous driving. She stated that Waymo, Baidu, and Tesla will be the three Robotaxi companies that can achieve large-scale implementation within the next decade. Notably, she has continuously increased her stake in Baidu's stock seven times in the past three months, with her holdings more than doubling, showing her strong confidence in Baidu's future development.
The Robotaxi industry is entering a brand-new era, and the rapid progress of companies like Baidu in this field may change the entire market landscape. Whether from the perspective of technological innovation or investment value, autonomous driving is worth our continued attention.
