Gate News message, April 16 — According to Counterpoint Research, the global robotaxi market could reach $168 billion by 2035, with 3.6 million vehicles in service. The forecast is underpinned by advances in autonomous driving AI, increased investment, and expanding fleet deployments.
The US and China will lead the market. In the US, Waymo and Tesla are key operators, while China’s market includes Baidu’s Apollo Go, WeRide, Pony.ai, and DiDi, which is testing Level 4 autonomous vehicles in Guangzhou, Shanghai, and Beijing.
Hardware cost reductions are accelerating profitability. Solid-state LiDAR sensors fell from approximately $12,000 per unit in 2022 to under $800 by 2025, improving unit economics. Leading robotaxi operators are expected to reach per-ride break-even in 2027-2028, with Waymo reporting positive contribution margins in its Phoenix service in 2025.
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