123 Thanks to breakthroughs in AI, robotaxis are beginning to revolutionize urban travel and could accelerate the unraveling of the auto loan sector. Safer than human drivers, robotaxis hold the promise of safer and cleaner streets. Robotaxi platform pioneers should enjoy the higher prices associated with early adoption. IS X A T O According to ARK’s research, robotaxi platforms could redefine personal mobility B RO and generate $28 trillion in enterprise value during the next five to ten years. Sources: ARK Investment Management LLC, 2024. This ARK analysis is based on a range of underlying data from external sources, which may be provided upon request. Forecasts are inherently limited and cannot be relied upon. For informational purposes only and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security. Past performance is not indicative of future results.