Steven Norris, 35, allegedly stopped a taxi in the middle of a road at Emerton and threatened the driver with a knife.
He then allegedly asked the 43-year-old driver to drive him a short distance before forcing him out of the vehicle and speeding off.
The driver contacted police, who spotted the taxi being driven erratically.
Officers started and stopped four short car chases before losing sight of the taxi.
The alleged offender was then seen by police walking along a street at Carlingford and the taxi was found crashed into a tree nearby.
Police took the man to hospital to be treated for a head injury before charging him with a number of serious offences.
Mr Norris appeared in Parramatta bail court via videolink earlier this afternoon charged with several serious offences.
He was denied bail and is set to reappear in court on August 20.
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