Luobo Kuaipao's Autonomous Driving Orders Surge 75% YoY, Industry Chain Enters Rapid Implementation Phase

Baidu released its financial report for Q1 2025. Data showed that in Q1 2025, Apollo Go provided over 1.4 million ride-hailing services globally, up 75% YoY. As of May 2025, Apollo Go had cumulatively provided over 11 million ride-hailing services worldwide.

Recently, there has been a notable increase in activities in the Robotaxi sector. At the 2025 Saudi Arabia-US Investment Forum, Elon Musk expressed strong confidence in the prospects of autonomous driving. The TF Securities Electronics team pointed out that the shared mobility model spurred by Robotaxi is expected to fundamentally reshape the existing automotive mobility ecosystem. Driven by the triple factors of hardware cost reduction, technological progress, and policy support, 2025 is expected to mark the first year of mass production and large-scale commercialization of Robotaxi. Automakers developing autonomous driving car models, as well as companies in the autonomous driving hardware industry chain, such as those producing in-vehicle intelligent driving chips, intelligent chassis, and sensors, are expected to benefit.

According to the Cailian Press Theme Database, among the relevant publicly listed firms are:

Xingmin Intelligent TransportationIts subsidiary, Intest, is a leading domestic supplier of T-BOX, with a market share of nearly 40% in the NEV market. Another subsidiary, 95Zhijia, has developed smart rearview mirrors with video surveillance and facial recognition capabilities, which can be further refined and deepened based on application scenarios.

Dazhong TransportationIts Dazhong Ride-Hailing Platform holds the qualification for Shanghai's first online ride-hailing platform. Its business continues to expand beyond the Yangtze River Delta region and has collaborated with Baidu to conduct demonstration operations of intelligent connected vehicles in the Jiading District.