Yole: robotaxi fleet to reach 331,000 vehicles by 2031

Yole forecasts the global robotaxi fleet will grow to 331,000 vehicles by 2031 at a 78% CAGR and reach two million by 2035. Drivers include a 70% cut in vehicle cost, hybrid operation and L2+/L4 convergence. Waymo leads, followed by Pony.AI, WeRide and Apollo Go.

• Robotaxi fleet to hit 331,000 vehicles by 2031, growing 78% a year
• Vehicle cost drops up to 70% via BOM and manufacturing savings
• Robo-X sensor market to reach about $4.4bn by 2035
• Robo-X processors to approach $4bn by 2035