Baidu (BIDU) Backed Jidu Auto Launches Special Edition EV

Baidu (NASDAQ: BIDU) backed electric vehicle company, Jidu Auto launched a special edition of the company’s first electric vehicle — the Robo-01 — on Thursday. The vehicle is priced at around $55,000 and is a co-branded model in cooperation with the China’s Lunar Exploration Project.

The Lunar Edition of the crossover comes equipped with a 100 kilowatt-hours battery pack supplied by CATL and will be able to go about 373 miles on a full charge and from 0 to 100 km per hour in 3.9 seconds.

Released alongside the Robo-01 is JIDU’s advanced intelligent driving system. The system includes Point-to-Point Autopilot (PPA), and a high-level intelligent driving solution designed to handle highways, city streets and parking situations.

Jidu claims that Baidu’s autonomous driving technology will enable the car to navigate both highways and urban environments and provide a point-to-point autonomous experience to car owners starting in several major Chinese cities, where a high-definition map database is accessible.

Aside from the Lunar Edition, ROBO-01’s standard edition will also be released soon with the delivery of the two editions beginning in 2023.

Shares of BIDU are down 3.95% in mid-day trading on Friday.

By Michael Elkins | [email protected]

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