Goldman Sachs: The market size of China's Robotaxi market can reach $47 billion by 2035, and profitability can be expected in first-tier cities by 2026.

Wisdom Financial APP learned that Goldman Sachs recently released a comprehensive research report focusing on the commercialization process of the Chinese Robotaxi market. The report indicates that by the year 2030, there will be 500,000 Robotaxis operating in more than 10 cities in China. This field is no longer limited to discussions on technical feasibility, but rather shifting towards how to achieve commercialization on the ground. Goldman Sachs believes that with the increasing consumer acceptance in first-tier cities, the tightening supply of human drivers, and the support from the government and insurance industry, Robotaxi has become one of the earliest and most obvious commercialization paths for autonomous driving technology. It is expected that by the year 2035, the total market size of the Chinese Robotaxi market could reach $47 billion and is expected to be profitable, achieving positive gross profit margins in first-tier cities starting in 2026.