{
  "id": 2961,
  "url": "https://www.scmp.com/tech/tech-trends/article/3359602/global-robotaxi-market-set-hit-us1t-2040-china-tech-costs-plummet-morgan-stanley",
  "title": "Global robotaxi market set to hit US$1t by 2040 as China tech costs plummet: Morgan Stanley",
  "summary": "The global robotaxi sector is on track to become a US$1 trillion market by 2040, according to Morgan Stanley, with Chinese players like Baidu, Xpeng and WeRide primed to be regional front-runners alongside global leaders Tesla and Waymo. In a research note on Friday, the US investment bank forecast that falling manufacturing costs in China would act as a “major underappreciated accelerant” for the industry. Driven by cheaper supply chains, the cost of parts per vehicle for Chinese-made robotaxi.",
  "authors": "Richard Chen",
  "category": "news",
  "topics": "agents-autonomy,finance-investment",
  "orgs": null,
  "regions": "china",
  "published_at": "2026-07-06T10:30:07.000Z",
  "fetched_at": "2026-07-14T16:11:46.979Z",
  "source_slug": "x-scmp-tech-hk-cn",
  "source_name": "SCMP Tech (HK/CN)",
  "source_homepage": "https://www.scmp.com/tech",
  "ethics_ai_record_url": "https://ethics.ai/record/2961",
  "original_url": "https://www.scmp.com/tech/tech-trends/article/3359602/global-robotaxi-market-set-hit-us1t-2040-china-tech-costs-plummet-morgan-stanley",
  "evidence_status": "source-only",
  "attribution": "via ethics.ai"
}