A robotaxi is an autonomous vehicle designed to operate as a taxi service without human intervention. These vehicles utilize various technologies, including sensors, cameras, and artificial intelligence, to safely navigate and transport passengers from one location to another. Robotaxis are typically part of a larger transportation network, often offered by ride-hailing companies, and aim to provide convenient, cost-effective, and efficient travel solutions. The concept is part of the broader movement towards smart cities and sustainable urban transport, reducing reliance on personal cars and minimizing traffic congestion and environmental impact.
The Rise of Robotaxis: A Game Changer for Investors The emergence of robotaxis is transforming the landscape of ride-hailing and food delivery, particularly in tech-savvy cities like San Francisco. This…