Source: Cobden Centre
by Tyler Durden
“China’s robotaxi revolution is moving along at an accelerated rate when compared to any other country. By the decade’s end, Goldman analysts forecast that half a million autonomous robotaxis will be operating across ten major cities. … This is wild. So what about a humanoid robot to load luggage? … Meanwhile, in the U.S., robotaxi operations have been lagging behind China, primarily due to regulatory fragmentation, a slower pace of infrastructure adaptation, and cautious public sentiment. … What’s becoming very clear is that automation is set to displace hundreds—if not millions— of transport jobs globally by 2035, as robotaxis, autonomous trucks, and drones become cheap enough to be deployable for the mass market.” (05/08/25)
https://www.cobdencentre.org/2025/05/500000-robotaxis-to-hit-chinas-streets-by-2030/