Current:Home > InvestWaymo’s robotaxis now open to anyone who wants a driverless ride in Los Angeles -WealthPro Academy
Waymo’s robotaxis now open to anyone who wants a driverless ride in Los Angeles
View
Date:2025-04-18 19:48:25
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! (31243)
Related
- NCAA hits former Michigan coach Jim Harbaugh with suspension, show-cause for recruiting violations
- Tesla again seeks shareholder approval for Musk's 2018 pay voided by judge
- New York man pleads guilty to sending threats to state attorney general and Trump civil case judge
- Rihanna Reveals Her Ultimate Obsession—And It’s Exactly What You Came For
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Arizona Coyotes to move to Salt Lake City after being sold to Utah Jazz owners
- Rap artist GloRilla has been charged with drunken driving in Georgia
- Trae Young or Dejounte Murray? Hawks must choose after another disappointing season
- Daughter of Utah death row inmate navigates complicated dance of grief and healing before execution
- Supreme Court to weigh whether bans targeting homeless encampments run afoul of the Constitution
Ranking
- Police remove gator from pool in North Carolina town: Watch video of 'arrest'
- Rural Texas towns report cyberattacks that caused one water system to overflow
- Netflix now has nearly 270 million subscribers after another strong showing to begin 2024
- See Josh Hartnett Play Serial Killer Dad in Chilling Trap Movie Trailer Amid His Hollywood Return
- Meta donates $1 million to Trump’s inauguration fund
- Jared Goff calls Detroit new home, says city can relate to being 'cast aside' like he was
- United Arab Emirates struggles to recover after heaviest recorded rainfall ever hits desert nation
- Liquor sales in movie theaters, to-go sales of cocktails included in New York budget agreement
Recommendation
Pressure on a veteran and senator shows what’s next for those who oppose Trump
Ahead of Season 2, How 'The Jinx' led to Robert Durst's long-awaited conviction
50* biggest NFL draft busts of last 50 years: Trey Lance, other 2021 QBs already infamous
See Josh Hartnett Play Serial Killer Dad in Chilling Trap Movie Trailer Amid His Hollywood Return
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
These Cookbooks Will Save You From Boring Meals This Summer
New York man pleads guilty to sending threats to state attorney general and Trump civil case judge
Looking to stash some cash? These places offer the highest interest rates and lowest fees.