TECHGuru

  Ballooning Size of Robo-Taxi Fleet Changing the Outlook of Public Transportation Industry While the personal mobility landscape is undergoing profound changes, robo-taxis are emerging as a new trend that is changing consumer perception towards mobility as a service. Autonomous vehicles (AVs) are gaining immense popularity in the ever-evolving public transport landscape, which is now being integrated with a broader mix of mobility services. The robo-taxi market , despite being at a nascent stage right now, is growing rapidly at a value CAGR of ~58%. With a mounting number of countries in the world increasing focus on integrating public transport with urban mobility solutions, the adoption of robo-taxis is expected to reach new heights in the coming years. In 2018, the sales of robo-taxis in the public transport industry accounted for ~65% of the global sales, and the total revenue share of the public transport landscape is expected to reach nearly 90% by 2030. ...