Current:Home > StocksWaymo’s robotaxis now open to anyone who wants a driverless ride in Los Angeles -FundPrime
Waymo’s robotaxis now open to anyone who wants a driverless ride in Los Angeles
View
Date:2025-04-17 09:33:15
Waymo on Tuesday opened its robotaxi service to anyone who wants a ride around Los Angeles, marking another milestone in the evolution of self-driving car technology since the company began as a secret project at Google 15 years ago.
The expansion comes eight months after Waymo began offering rides in Los Angeles to a limited group of passengers chosen from a waiting list that had ballooned to more than 300,000 people. Now, anyone with the Waymo One smartphone app will be able to request a ride around an 80-square-mile (129-square-kilometer) territory spanning the second largest U.S. city.
After Waymo received approval from California regulators to charge for rides 15 months ago, the company initially chose to launch its operations in San Francisco before offering a limited service in Los Angeles.
Before deciding to compete against conventional ride-hailing pioneers Uber and Lyft in California, Waymo unleashed its robotaxis in Phoenix in 2020 and has been steadily extending the reach of its service in that Arizona city ever since.
Driverless rides are proving to be more than just a novelty. Waymo says it now transports more than 50,000 weekly passengers in its robotaxis, a volume of business numbers that helped the company recently raise $5.6 billion from its corporate parent Alphabet and a list of other investors that included venture capital firm Andreesen Horowitz and financial management firm T. Rowe Price.
“Our service has matured quickly and our riders are embracing the many benefits of fully autonomous driving,” Waymo co-CEO Tekedra Mawakana said in a blog post.
Despite its inroads, Waymo is still believed to be losing money. Although Alphabet doesn’t disclose Waymo’s financial results, the robotaxi is a major part of an “Other Bets” division that had suffered an operating loss of $3.3 billion through the first nine months of this year, down from a setback of $4.2 billion at the same time last year.
But Waymo has come a long way since Google began working on self-driving cars in 2009 as part of project “Chauffeur.” Since its 2016 spinoff from Google, Waymo has established itself as the clear leader in a robotaxi industry that’s getting more congested.
Electric auto pioneer Tesla is aiming to launch a rival “Cybercab” service by 2026, although its CEO Elon Musk said he hopes the company can get the required regulatory clearances to operate in Texas and California by next year.
Tesla’s projected timeline for competing against Waymo has been met with skepticism because Musk has made unfulfilled promises about the company’s self-driving car technology for nearly a decade.
Meanwhile, Waymo’s robotaxis have driven more than 20 million fully autonomous miles and provided more than 2 million rides to passengers without encountering a serious accident that resulted in its operations being sidelined.
That safety record is a stark contrast to one of its early rivals, Cruise, a robotaxi service owned by General Motors. Cruise’s California license was suspended last year after one of its driverless cars in San Francisco dragged a jaywalking pedestrian who had been struck by a different car driven by a human.
Cruise is now trying to rebound by joining forces with Uber to make some of its services available next year in U.S. cities that still haven’t been announced. But Waymo also has forged a similar alliance with Uber to dispatch its robotaxi in Atlanta and Austin, Texas next year.
Another robotaxi service, Amazon’s Zoox, is hoping to begin offering driverless rides to the general public in Las Vegas at some point next year before also launching in San Francisco.
veryGood! (2)
Related
- The White House is cracking down on overdraft fees
- Q&A: An Environmental Justice Champion’s Journey From Rural Alabama to Biden’s Climate Task Force
- Chicago officers under investigation over sexual misconduct allegations involving migrants living at police station
- Mass layoffs are being announced by companies. If these continue, will you be ready?
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Warming Trends: The Value of Natural Land, a Climate Change Podcast and Traffic Technology in Hawaii
- Florida lawyer arrested for allegedly killing his father, who accused him of stealing from family trust
- Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye
- The Super Bowl could end in a 'three
- Can shark repellents avoid your becoming shark food?
Ranking
- Intel's stock did something it hasn't done since 2022
- A Southern Governor’s Climate and Clean Energy Plan Aims for Zero Emissions
- Shop the Best Last-Minute Father's Day Gift Ideas From Amazon
- Pregnant Stassi Schroeder Wants to Try Ozempic After Giving Birth
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Middle America’s Low-Hanging Carbon: The Search for Greenhouse Gas Cuts from the Grid, Agriculture and Transportation
- 5 takeaways from the front lines of the inflation fight
- Jurassic Park Actress Ariana Richards Recreates Iconic Green Jello Scene 30 Years Later
Recommendation
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Could you be eligible for a Fortnite refund?
In bad news for true loves, inflation is hitting the 12 Days of Christmas
Britain is seeing a wave of strikes as nurses, postal workers and others walk out
US appeals court rejects Nasdaq’s diversity rules for company boards
Southwest cancels 5,400 flights in less than 48 hours in a 'full-blown meltdown'
Vermont Doubles Down on Wood Burning, with Consequences for Climate and Health
Deep Decarbonization Plans for Michigan’s Utilities, but Different Paths