Fleet Financing

Tensor, MTZ Plan Up to 500 Robocar Autonomous Taxis in Germany

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Tensor, MTZ Plan Up to 500 Robocar Autonomous Taxis in Germany

SAN JOSE – October 29, 2026 -- Tensor Auto Inc. and Münchner Taxi Zentrum (MTZ), Munich's largest taxi operator, have signed a letter of intent to deploy up to 500 Tensor Robocars as autonomous taxis in German cities, with a further 10,000 vehicles targeted across Europe.

The initial fleet depends on definitive agreements and Level 4 regulatory approval in Germany. MTZ will operate the vehicles under its own brand.

Operators keep the customer and data while Tensor sells the vehicle and a subscription

Tensor sells the Robocar and charges a recurring fee for Autonomous Driving as a Service (ADaaS). The subscription covers autonomous driving software, fleet-management tools, ongoing service and training. MTZ, not Tensor, operates the vehicles, and the Robocar integrates with MTZ's existing dispatch systems, so riders book as they do today.