Tesla’s robotaxi debut in Austin got people excited. But can the company compete on the global stage with Chinese AV giants like Baidu and Pony.ai?
Tesla’s robotaxi debut in Austin got people excited. But can the company compete on the global stage with Chinese AV giants like Baidu and Pony.ai?
China has quite a number of trains already. Arguably they overbuilt their train network as much of it is heavily underutilized.
Isn’t that now for their cross country trains as opposed to their subways?
Heavily underutilized for now. It’s significantly cheaper and easier to build the network too early than too late, when you have to coordinate property acquisition and demolition across the full length of the network.
China has a birthrate of 1.15 children per woman. When is this later time you allude to when there will be more people to utilize the heavily underutilized network?
When many who still aren’t in cities move into them. Urbanization in China has yet more runway and that drives rail utilization.