Will robotaxis actually reduce demand? A taxi that does 10X as many passenger miles a day as a normal car may theoretically replace 10 cars but because of dea

Will robotaxis actually reduce demand? A taxi that does 10X as many passenger miles a day as a normal car may theoretically replace 10 cars but because of dead heading might be traveling more than 10X as many miles. Cars today have an approximate lifespan of 200,000 miles. It might take a set of conventional owners 20 years to hit that, or a taxi company 2, but either way it's getting replaced after 200,000 miles. The taxi might be in slightly better shape, but taxi customers have higher expectations than buyers of 15 year old cars. Replacing 1/10 the number of cars 10x as often is the same demand. With EV technology it should be possible to design a million mile car. Electric motors can easily do that, and LFP batteries can get close. But interiors and suspensions still cannot do a million. When we see interiors made out of the same materials as subway cars, that might be a sign of future lowered demand.