Past reports of robotaxi mass production in China that didn't happen
There were past reports about so-called "mass production" of robotaxi or autonomous vehicles in China that didn't happen. In reality currently the robotaxi or autonomous vehicles in China is still in testing stage. Here are 3 examples:
19 November 2021:
CEO Robin Li announced the plan Wednesday during the company's earnings announcement. The company in 2023 will start mass production of electric vehicles equipped with the group's proprietary self-driving technology.
9 February 2022:
In July 2021, AutoX's newest Gen5 system-equipped RoboTaxis started rolling off the production line. In January, AutoX shared an inside look at its end-of-line, Level 4 fully driverless RoboTaxis dedicated production facility located near Shanghai.
Source:
18 May 2021:
Established in 2017, Aion released its mass-produced Level 3 autonomous car and the world's first 5G-enabled car in 2020. The carmaker said it aims to launch Level 4 autonomous cars in 2022.
Source:
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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ZnWCOP : Someone reported that there is another robotaxi mass production and mass deployment but no timeline is given. Will it be another empty promise?
bullrider_21 : All these are old news rehashed from 2021. The picture is different in 2023. The Pony.ai- Toyota Motors joint venture company will be established in 2023, with an estimated investment of more than RMB 1 billion (approx. USD 139.2 million). From here, they will start to mass produce robotaxis.
AutoX and Aion are small- time robotaxi players. They are not major players.
ZnWCOP bullrider_21: Thanks for your comment
bullrider_21 : Pony.ai and Toyota to mass produce robotaxis in China
https://www.moomoo.com/community/feed/110841206276102?global_content=%7B%22invite%22%3A%22102079252%22%2C%22promote_content%22%3A%22mm%3Afeed%3A110841206276102%22%7D&data_ticket=8d79554dc8b17a0ea10adf128b61190d&futusource=nnq_personal_host
ZnWCOP bullrider_21: Thanks for your comment
ZnWCOP : Your argument is weak because one example highlighted is a big company, Baidu which announced robotaxi mass production but didn't happen.
I have also posted Toyota backed pony.ai announced in year 2022 about commercial robotaxi but didn't happen. Everyone can read the detail here:
Past reports of robotaxi mass production in China that didn't happen - another example