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Syz Group

Ready or not: self-driving cars are coming

21. November 2024

The established ride-hailing companies like Uber are winners in the autonomous vehicles race.

Ready or not robotaxis are coming

Companies around the world are racing to dominate the emerging robotaxi market. Tesla, Waymo, and Cruise are a few names competing in the United States; in China, Baidu and DiDi are rivalling to gain an edge in this fast-growing market.

Tesla just presented its robotaxi ‘Cybercab’ in October. This has sparked debate about which companies are truly poised to capitalise on this technological revolution, said Charles-Henry Monchau, Chief Investment Officer, SYZ Group. In a recently published insight, the Swiss banking group highlights the differences among the players in the market, the regulatory hurdles and future scenarios. Regardless of which manufacturer makes the race, established ride-hailing companies like Uber will be winners in the end.

Read the full insight here.