China stands poised to become the global leader in automated driving technology.
That's the takeaway of a new market forecast issued Monday by S&P Global Mobility. The consulting firm expects China to attract more sales volume than any other region by 2035 in both the advanced driver-assist and full robotaxi markets.
"We've seen so much activity from automakers, and commitments made in China that it starts to signal a level of maturity in the approach there," Jeremy Carlson, associate director for the autonomy practice at S&P Global Mobility, told Automotive News.
China's ascendance comes amid a more tepid global outlook. Once prevalent optimism of a quick path toward full autonomy has vanished, the report said, and the possibility of personally owned autonomous vehicles remains more than a decade away.