Global Technology: China’s Robotaxi market - the road to commercialization

With 500,000 Robotaxis expected to be operating across 10+ cities in China by 2030, Goldman Sachs Research analysts believe the question is no longer if L4 autonomous technology is ready, but one of how companies will commercialize the rapid pace of autonomous development. They see Robotaxis as one of the earliest and most visible avenues to commercialization of the autonomous technology, with growing consumer acceptance across large Tier 1 cities, a tightening supply of human drivers as the fleets mature and drivers retire, and with Government and insurance industry as enablers to support growth.