India, July 15 -- Tesla is currently testing its Robotaxis in Texas and is planning to extend services to the San Francisco Bay Area, drawing significant industry attention. TrendForce reports the U.S. Robotaxi market will be dominated by Tesla and Waymo, with the market size expected to reach US$36.5 billion by 2035. Meanwhile, China's Robotaxi sector is also booming, with a well-established supply chain driving a rapid decline in hardware costs.

Elon Musk, Tesla CEO, stated last week that the company is awaiting regulatory approval from California, and could launch Robotaxi services in the Bay Area within one to two months. TrendForce notes that California's autonomous vehicle permits fall into three categories: testing with a driver, ...