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China Robotaxis Face Losses as Utilization Trails Waymo, BI Says
Source: Bloomberg
Artificial IntelligenceTransportation & LogisticsCompany FundamentalsCorporate Guidance & Outlook
Bloomberg Intelligence expects Chinese robotaxi operators Pony AI and WeRide to remain loss-making through 2028, citing domestic fleet utilization below Waymo’s more than 58% rate. The forecast highlights a prolonged path to profitability for China’s autonomous-vehicle operators and reflects weaker operating efficiency relative to the U.S. market leader.
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