The rise of robotaxis in China
AutoX, Momenta and WeRide took the stage at TC Sessions: Mobility 2021 to discuss the state of robotaxi startups in China and their relationships with local governments in the country.
They also talked about overseas expansion - a common trajectory for China's top autonomous vehicle startups - and shed light on the challenges and opportunities for foreign AV companies eyeing the massive Chinese market.
Enterprising governmentsWorldwide, regulations play a great role in the development of autonomous vehicles. In China, policymaking for autonomous driving is driven from the bottom up rather than a top-down effort by the central government, observed executives from the three Chinese robotaxi startups.
Huan Sun, Europe general manager at Momenta, which is backed by the government of Suzhou, a city near Shanghai, said her company had a very good experience" working with the municipal governments across multiple cities.
In China, each local government is incentivized to really act like entrepreneurs like us. They are very progressive in developing the local economy... What we feel is that autonomous driving technology can greatly improve and upgrade the [local governments'] economic structure. (Time stamp: 02:56)
Shenzhen, a special economic zone with considerable lawmaking autonomy, is just as progressive in propelling autonomous driving forward, said Jewel Li, chief operation officer at AutoX, which is based in the southern city.