Goldman Sachs – Robotaxi China, 2025

China’s Robotaxi market - the road to commercialization.

The report focuses on the commercialization of the robotaxi market in China. It is expected that by 2030, there will be 500,000 robotaxis operating in China. Level 4 autonomous driving technology is ready for commercialization. The robotaxi market in China is projected to reach $47 billion by 2035. Key growth factors include the reduction in equipment and algorithm costs, government support, and the insurance industry. The unit economy is expected to become profitable by 2026 in tier-one cities.