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- Goldman Sachs provided a comprehensive analysis in its December 10, 2024 research note regarding the future of autonomous vehicles.
- The firm anticipates substantial growth in robotaxi services and predicts that fully autonomous vehicles will see significant sales increases by 2028 and 2030.
- Overall, this development suggests a promising outlook for the autonomous vehicle industry as technology continues to evolve.
In a research note from December 10, 2024, Goldman Sachs highlighted expectations for significant advancements in autonomous vehicle technology by 2025, indicating the potential for robotaxi services in the market. The firm forecasts that vehicles with Level 3 capabilities will reach about 10% of new vehicle sales by 2030, while fully autonomous vehicles, classified as Levels 4 and 5, are projected to exceed one million sales by 2028 and two million by 2030. Factors contributing to this optimism include increased regulatory clarity and strategic initiatives by companies such as Tesla and Rivian. Tesla plans to launch its robotaxi service in Texas and California by 2025, showcasing their commitment to leading the market in Level 4 autonomous vehicles. Additionally, Rivian has implemented its Autonomy+ platform, with expectations for future monetization to enhance revenue streams. Overall, the report emphasizes the robust growth potential in the autonomous vehicle sector, driven by technological advancements and market adaption.