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Tesla is currently testing its Robotaxi technology in Texas, USA, with ambitions to extend its services to the San Francisco Bay Area. TrendForce predicts that the US Robotaxi market will surge to $36.5 billion by 2035. Simultaneously, China's Robotaxi market is showcasing immense growth potential, with TrendForce projecting a market size of $44.5 billion by 2035, marked by a robust compound annual growth rate (CAGR) of 96% from 2025 to 2035. Key Chinese players, including Baidu, Pony.ai, and WeRide, are actively engaged in this sector. Furthermore, the rapid deployment of vehicles and strong backing from electric vehicle manufacturers and the supply chain are contributing to a swift decline in the hardware costs for Robotaxi vehicles and autonomous driving solutions.
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