MTZ and Tensor plan up to 500 self-driving taxis in Germany
Germany's largest taxi operator MTZ and Tensor signed a letter of intent for up to 500 self-driving cars, contingent on Level 4 approval, Reuters reports.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
Münchner-Taxi-Zentrum (MTZ), a major German taxi company, has signed a letter of intent with California-based autonomous-driving firm Tensor. Under the plan, MTZ would run up to 500 self-driving vehicles in German cities under its own brand, while Tensor supplies the driving technology on a subscription basis.
Taxi operators would keep control of fleet operations, customer relationships and operational data, and the cars would plug into MTZ's current dispatch system. The partners also aim to add 10,000 vehicles across Europe within 24 months of availability and may sell the cars to private buyers. Financial terms were not disclosed, and the deal depends on Germany granting Level 4 approvals. Reuters also notes that Waymo plans a fully autonomous ride-hailing service in Madrid in 2027.
why it matters
For markets this is a niche story: no financial terms were disclosed, and the plan still hinges on regulatory approval. It shows that taxi firms want a bigger role in Europe's emerging autonomous mobility market.
tags
sources
- German taxi operator MTZ to deploy up to 500 autonomous taxis under Tensor deal — Reuters, 27 October 2026 at 22:11 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗