Daimler takes ‘reality check’ on robotaxis

Daimler has taken a “reality check” on self-driving taxis, acknowledging that making them safe is proving harder than first thought amid questions over their future earnings potential.

Daimler will “rightsize” its spending level on robotaxis and self-driving technology will more likely be applied to commercial vehicles for freight companies on long haul routes, CEO Ola Kallenius told journalists on Thursday at the company’s investor day in London.

Automakers raced to develop self-driving vehicles after Google presented a prototype car in 2012, leading Daimler to develop an autonomous Mercedes-Benz.