Robotaxi Market Set To Explode To $168 Billion, Analysts Say
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The global robotaxi market is projected to reach $168 billion by 2035, with fleets expanding to 3.6 million vehicles. Leading companies like Waymo, Tesla, and Baidu are driving commercialization, particularly in the U.S. and China. The U.S. is expected to remain the innovation hub, while China accelerates fleet deployment. Competition is intensifying with players like Uber and Lyft expanding partnerships. Analysts suggest Tesla's unsupervised robotaxi fleet could significantly impact its stock performance by 2026, supported by advancements in its Full Self-Driving system.
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