Source: Tech – South China Morning PostDriverless cabs in China could account for 6 per cent of the country’s total taxi market, aided by advanced digital infrastructure and consumer willingness to embrace new technologies, according to HSBC.
The potential addressable market for robotaxis in mainland China was estimated to be around US$40 billion a year, the bank said in a report on Monday, without elaborating on when local operators of driverless cabs could achieve the goal.
The projection represented 6.2 per cent of the total taxi…Read More