Hanwha Asset Management Launches Robo Taxi ETF

In response to the evolving 'Physical AI' era, Hanwha Asset Management is launching the 'PLUS U.S. Robo Taxi' ETF targeting the burgeoning robo taxi industry. The fund focuses investments on self-driving service companies such as Tesla, Waymo, and Baidu, alongside key technology firms like NVIDIA and Mobileye. According to market projections, the global robo taxi market is expected to reach $450 billion by 2033, boasting an annual growth rate of 75%. Robo taxis offer a significant reduction in operating costs—up to 88% cheaper than traditional taxis—which is anticipated to drive rapid commercialization and growth.
With the increasing importance of physical AI, companies involved in autonomous driving technology are likely to see continual value appreciation. Robo taxis, through their cost-effective operations and innovative technological utilization, are expected to play a pivotal role in the future mobility landscape. The growth prospects of this industry suggest that Hanwha's new ETF is well-positioned to attract significant market interest. As autonomous driving technology advances, the growth within this sector is likely to positively impact diversified investment portfolios.
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Hanwha Asset Management launches 'PLUS US RoboTaxi ETF'Hanwha Asset Management announced on the 22nd that it will newly list the 'PLUS US RoboTaxi Exchange Traded Fund (ETF)' which invests in the RoboTaxi industry set to realize the era of 'Physical AI'.

Hanwha Asset Management launches 'PLUS American Robo Taxi ETF'…"Physical AI Leader" - NewsPim[Seoul=NewsPim] By Ki-uk Song = Hanwha Asset Management announced on the 22nd that it will newly list the 'PLUS American Robo Taxi' ETF, which invests in the robo taxi industry that will realize the 'Physical AI' era. 'PLUS American Robo Taxi' includes self-driving service companies directly engaged in the robo taxi business ▲Tesla ▲Waymo