China Robotaxis Face Losses as Utilization Trails Waymo, BI Says
Bloomberg Intelligence says Chinese robotaxi operators Pony AI and WeRide will keep posting operating losses through 2028. Domestic fleet utilization lags Waymo's rate of more than 58%.
- Pony AI and WeRide to stay loss-making through 2028
- Their fleet utilization trails Waymo's 58%+ rate
- Bloomberg Intelligence ties losses to low utilization
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