Robotaxis, also known as driverless taxis, are autonomous vehicles that provide transportation services without the need of a human driver or chauffeur. Benefits of robotaxis include offering on-demand mobility to the masses while addressing certain issues such as high costs of vehicle ownership, traffic congestions and emissions. The global Robotaxi Market is estimated to be valued at US$ 2198.45 Mn in 2023 and is expected to exhibit a CAGR of 10% over the ... Read more

Robotaxis offer mobility solutions that are driverless, electric, and shared. They include sensors and auto-pilot capabilities to navigate autonomously. The widespread adoption of autonomous driving technologies is expected to accelerate the adoption of shared robotaxis. The technology allows robotaxis to identify obstacles, interpret visual information from the environment, and navigate safely without any human input. The global Robotaxi Market is estimated to be valued at US$ 2532.62 Bn in ... Read more