Chinese robotaxi stocks could deliver 60% gains - but here's the catch
Key Points
- Waymo's $200,000 robotaxi costs dwarf the $42,000 price tag ...
While Waymo burns $200,000 per vehicle, Chinese robotaxi companies are building theirs for $42,000. That's not a typo - it's the kind of cost advantage that makes Silicon Valley executives lose sleep and Chinese investors smile.
Pony AI just became the golden child of autonomous driving, securing approval to run fully driverless robotaxis in Shanghai's Pudong financial district. They're now the only company authorized to operate across China's four major cities - Beijing, Shanghai, Guangzhou, and Shenzhen. Think of it as having exclusive club memberships to the country's most lucrative transp...
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