Chinese auto tech firms Horizon Robotics and Deeproute.ai said that they are working on robotaxi technology, drawn by the belief that accelerated computing and generative AI have hit a key tipping point. Horizon Robotics will soon announce collaborations with “a number of” robotaxi fleet operators later this year, chief executive Yu Kai said on Wednesday during an earnings meeting (our translation). READ MORE: Chinese companies take on Tesla’s Full Self-Driving with non-lidar approach, end-to-end AIChina’s robotaxi market is becoming crowded. Meanwhile, it believes progress in global development of robotaxis will outpace China’s robotaxi rollout. “The progress of Tesla’s robotaxi rollout would pressure global ride-hailing to move faster,” Morgan Stanley analysts led by Tim Hsiao wrote on July 29.