All transportation businesses are utilization businesses. Empty hours/miles are never recovered.
Early robotaxis will have tight geofences. Makes them particularly bad competitors to poorly paid people who are willing to drive wherever.
Early robotaxis will have tight geofences. Makes them particularly bad competitors to poorly paid people who are willing to drive wherever.
I recently listened to a podcast episode of the Autonocast[1], where they interviewed a Harvard Researcher who claimed the economics of Robotaxis just don't work. Very interesting listen.
[1] http://www.autonocast.com/blog/2020/3/11/177-ashley-nunes-on...