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The Story of Cruise and How Its Loss Impacts the Robotaxi Industry

IDTechEx predicts that 2024 and the coming couple of years will be seen as the hockey-stick moment for robotaxis. Companies across the US and China are preparing for a mass roll-out of services. Cruise was one of the early leaders in robotaxi development, getting off to a good start and attracting the attention of General Motors who acquired the company in 2016. However, in December 2024 it appears that GM and Cruise's robotaxi endeavour is coming to a premature end.

Robotaxi Players, Funding, and Case Studies

IDTechEx has diligently tracked the robotaxi industry and has data on more than 30 players related to the industry. In this premium article, IDTechEx discusses which companies it thinks are leading the field and highlights their successes so far.

The Autonomous Car Industry in 2024: Three Key Takeaways

Autonomous driving technologies have seemingly been on the horizon for the last decade, maybe more. Over the past four years, level 3 technologies have been certified for consumer use on public roads, hands-off/eyes-on driving has solidified as a market segment, and commercial driverless robotaxi services have become available to the public.

DeepWay

DeepWay was founded in 2020 as a joint venture between Baidu, a leader in AI and autonomous technologies, and Chinese logistics financier Lionbridge.

Golden Dragon

Golden Dragon, officially Xiamen King Long United Automotive Industry Co., Ltd., is a Chinese bus manufacturer established in 1988. The company produces city buses, tourist coaches, school buses, and commercial vehicles, focusing on electric and hybrid powertrains.

Zelostech

Zelostech is a company in autonomous logistics vehicles based in Suzhou, China, with R&D centers in Beijing, Singapore, and Silicon Valley.

Evolution of the Automotive Industry and Electrification Beyond Cars

2023 has proven another momentous year for the electric vehicle (EV) market. 2022 saw electric car sales rise by 62% compared with 2021, and IDTechEx estimates that 2023 will see global sales rise by another 16%. But what can we expect for the future of EVs? In this article, Dr James Edmondson and Shazan Siddiqi from IDTechEx discuss what can be learned about the future of electrification, not only for vehicles on land, but also for marine sectors and aerial vehicles.

Autonomous Vehicles Will Drive Automotive Sensor Market Growth

IDTechEx's new report "Autonomous Cars, Robotaxis and Sensors 2024-2044" shows that autonomous cars are slowly, but very surely, becoming a part of everyday life. Although they have been hyped and overpromised for a long time, in the last couple of years, the industry has accomplished some significant milestones. The US and China both now have a handful of cities allowing commercial robotaxi services from industry leaders such as Cruise, Waymo, Baidu, AutoX, and more.