London becomes Europe’s key driverless taxi test site. Expect slick demos and the occasional chaos. Robotaxis might be a common sight on the US West Coast, but they’re still sci-fi stuff to Brits and Europeans,

From San Francisco and Shanghai to Abu Dhabi and soon London, projects and operational programs for fleets of autonomous vehicles are rapidly multiplying. In the race for innovation, American and Chinese tech giants have taken a commanding lead.

Pony AI is scaling its Virtual Driver autonomous system across robotaxi, robotruck, and licensing segments. Read why PONY stock is a Strong Buy.

Autonomous driving might be a race, but the world’s biggest automotive markets are speeding in different directions. In the US, self-driving cars are viewed as a software platform opportunity. Meanwhile, in China they are mostly being seen as a hardware-intensive mobility service.

Uber CEO Dara Khosrowshahi says robotaxis are a "trillion-dollar-plus" business and he expects Asia to drive the wave of autonomous expansion.

Robotaxis are considered by US-based chip giant Nvidia’s founder Jensen Huang to be one of the most important growth segments in the next 10 years. Goldman Sachs predicted that the global robotaxi market is expected to reach $40 billion to $45.7 billion by 2030, with a compound annual growth rate of 60 percent.

Analysts say cost, manpower and infrastructure factors stand in the way of autonomous vehicles operating commercially in the region Read more at The Business Times.

Uber's CEO said that Elon Musk and Tesla will need tools such as pricing and scheduling technology to make full self-driving taxis reality.