Are robotaxis poised to be the Next Big Thing™ in North America? It seems so, at least according to Goldman Sachs, which issued a report this week stating that robotaxis have officially entered the commercialization phase of the hype cycle. That assessment appears to be based on an analysis of the total ride-sharing market, which encompasses services that are currently almost 100% reliant on meat-based drivers, such as Lyft and Uber, and is valued at $58 billion. Autonomous ride-hailing services like Waymo, which has a fleet of 1,500 robotaxis operating in several cities across the US, are included in that market but account for less than 1% of the total right now. But, Goldman projects that the market will burgeon to over $336 billion in the next five years, driven in large part by “hyperscaling” of autonomous vehicles.
