China robotaxi market could pass $60 bln in 2030- Jefferies

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China robotaxi market could pass $60 bln in 2030- Jefferies
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China robotaxi market could pass $60 bln in 2030- Jefferies

Investing.com-- China’s robotaxi market could exceed 450 billion yuan in the next six years, Jefferies wrote in a recent note, citing strong efforts by local companies, supportive policies from Beijing and existing momentum from the electric vehicle market.

The brokerage said unit costs for robotaxies had fallen substantially in the past five years, and that the sector presented high profit potential in the long term.

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