Current:Home > ContactWaymo’s robotaxis now open to anyone who wants a driverless ride in Los Angeles -Insightful Finance Hub
Waymo’s robotaxis now open to anyone who wants a driverless ride in Los Angeles
View
Date:2025-04-19 00:21:52
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! (4882)
Related
- Former Syrian official arrested in California who oversaw prison charged with torture
- Democratic-led cities pay for migrants’ tickets to other places as resources dwindle
- The world’s attention is on Gaza, and Ukrainians worry war fatigue will hurt their cause
- Ward leads Washington State to 56-14 romp over Colorado; Sanders exits with injury
- Intel's stock did something it hasn't done since 2022
- Philippines leader Marcos’ visit to Hawaii boosts US-Philippines bond and recalls family history
- A toddler accidentally fires his mother’s gun in Walmart, police say. She now faces charges
- Philippines leader Marcos’ visit to Hawaii boosts US-Philippines bond and recalls family history
- Meta releases AI model to enhance Metaverse experience
- A Chinese man is extradited from Morocco to face embezzlement charges in Shanghai
Ranking
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Honda recalls nearly 250,000 vehicles including Odyssey, Pilot, Acura models. See a list.
- L.L. Bean CEO Stephen Smith answers questions about jelly beans
- Gunman kills 1, then is fatally shot by police at New Hampshire psychiatric hospital
- Former Syrian official arrested in California who oversaw prison charged with torture
- Sam Altman leaving OpenAI, with its board saying it no longer has confidence in his leadership
- A large metal gate falls onto and kills a 9-year-old child at an elementary school
- French Holocaust survivors are recoiling at new antisemitism, and activists are pleading for peace
Recommendation
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
Q&A: The Hopes—and Challenges—for Blue and Green Hydrogen
Russell Wilson's new chapter has helped spark Broncos' resurgence from early-season fiasco
Angel Reese absent from LSU women's basketball game Friday. What coach Kim Mulkey said
2 killed, 3 injured in shooting at makeshift club in Houston
No. 5 Washington clinches Pac-12 championship berth with win over No. 10 Oregon State
Inside the Surreal Final Months of Princess Diana's Life
In march on Jerusalem, thousands press Israeli government to do more to free hostages held in Gaza