Robo Taxis Market Report 2026

The robo taxis market size has grown exponentially in recent years. It will grow from $2 billion in 2025 to $3.28 billion in 2026 at a compound annual growth rate (CAGR) of 64.4%. The growth in the historic period can be attributed to advancements in autonomous driving technologies, growth of shared mobility platforms, increasing urban congestion challenges, availability of adas-enabled vehicles, expansion of electric vehicle infrastructure.

The robo taxis market size is expected to see exponential growth in the next few years. It will grow to $27.29 billion in 2030 at a compound annual growth rate (CAGR) of 69.8%. The growth in the forecast period can be attributed to increasing regulatory approvals for autonomous transport, rising investments in autonomous fleet operations, expansion of smart city mobility programs, growing demand for cost-efficient urban transport, increasing integration of v2x communication systems. Major trends in the forecast period include increasing pilot deployments of autonomous ride-hailing services, rising integration of advanced sensor fusion systems, growing adoption of electric robo-taxi fleets, expansion of urban mobility-as-a-service models, enhanced focus on passenger safety and redundancy.

The increasing production and sales of electric vehicles are expected to drive the growth of the robo-taxis market in the coming years. Electric vehicles are automobiles powered by electric motors that draw electricity from batteries and can be charged using external power sources. The adoption of electric vehicles within the robo-taxi market supports environmental sustainability by reducing air pollution and encourages the integration of connected-car and advanced autonomous features. For instance, in January 2024, according to a report published by Kelley Blue Book, a US-based company under Cox Automotive, a record 1.2 million car buyers in the United States opted for electric vehicles in 2023. These EVs accounted for 7.6% of the total US vehicle market, up from 5.9% in 2022. Therefore, the rising production and sales of electric vehicles are driving the growth of the robo-taxis market.

Major companies operating in the robo-taxis market are increasingly forming strategic partnerships to strengthen their market position and expand their geographic reach. Strategic partnerships involve collaborative arrangements between organizations to achieve shared business objectives. Such collaborations among key industry players are accelerating innovation and broadening the deployment of robo-taxi services. For example, in August 2023, Pony.ai, a leading global autonomous driving technology company, entered into a joint venture with Toyota Motor Investment Co. Ltd. (TMCI), a Japan-based automotive manufacturer, and GAC Toyota Motor Co. Ltd. (GTMC), a China-based automobile manufacturer, to accelerate the mass production and deployment of driverless robotaxis. Under this agreement, GTMC supplies Toyota-branded battery electric vehicles designed for Level 4 autonomous driving, which are equipped with Pony.ai’s autonomous driving systems and operated through its robotaxi network platform, PonyPilot+.

In March 2025, Hyundai Motor Company, a South Korea-based automotive manufacturer specializing in electric and conventional vehicles, partnered with Avride to develop autonomous robotaxis. Through this partnership, Hyundai aims to accelerate the rollout of autonomous ride-hailing services by combining its IONIQ 5 electric vehicle platform with Avride’s self-driving technology. This integration enables fully autonomous passenger vehicle operation, supporting faster and more efficient deployment of robotaxi services. Avride is a US-based autonomous vehicle technology company specializing in self-driving systems for passenger transportation and delivery applications.

Major companies operating in the robo taxis market report include Waymo LLC, AutoX Inc., Tesla Inc., Baidu Inc., General Motors Company, Lyft Inc., Nissan Motor Corporation, NAVYA Group, Ford Motor Company, Mercedes-Benz Group AG, Bayerische Motoren Werke AG, Volkswagen AG, EasyMile SAS, Ridecell Inc., Nvidia Corporation, AB Volvo, Uber Technologies Inc., Aptiv plc, Beijing Xiaoju Technology Co. Ltd., MOIA GmbH, Zoox Inc., Aurora Innovation Inc., May Mobility Inc., Optimus Ride Inc., Voyage Auto Inc., Pony ai Inc., Nuro Inc., FiveAI Inc., Oxbotica Ltd.

Europe was the largest region in the robo taxis market in 2025. Asia-Pacific is expected to be the fastest-growing region in the robo taxis market during the forecast period. The regions covered in the robo taxis market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the robo taxis market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The robo taxis market consists of sales of self-driven or driverless cars. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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