Uber CEO says robotaxis are a 'trillion-dollar-plus' business - and one market will drive the boom
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Uber CEO says robotaxis are a 'trillion-dollar-plus' business - and one market will drive the boom
""I expect to be in 10-plus markets by next year. And we want those markets to be in the Asia-Pacific region as well," Khosrowshahi said."
""With an aging population, there's a real need for transportation, not just in the large cities but in the rural areas," he added."
""We will have access to autonomous technologies in the large cities and markets that really count," he added."
""We just have to make sure that the players that we work with are safe and that again, we're working with the regulators in a constructive manner," he added."
Robotaxis represent a 'trillion-dollar-plus' opportunity with Asia identified as a major growth region. Uber plans to operate in 10-plus markets by next year, prioritizing Asia-Pacific markets such as Japan, Hong Kong and Australia. The company works with more than 20 autonomous-vehicle partners, including Baidu, WeRide, Pony.ai and Waymo, to access technologies in major cities. Shared mobility could reach $1 trillion by 2030 if robotaxis and roboshuttles scale. Japan's aging population increases demand for transportation in urban and rural areas. The autonomous-driving market has many competitors and requires safety and regulatory cooperation.
Read at Business Insider
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