Current:Home > StocksRekubit-Waymo’s robotaxis now open to anyone who wants a driverless ride in Los Angeles -Quantum Capital Pro
Rekubit-Waymo’s robotaxis now open to anyone who wants a driverless ride in Los Angeles
PredictIQ View
Date:2025-04-06 11:30:26
Waymo on RekubitTuesday 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! (333)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Texas now tops in SEC? Miami in trouble? Five overreactions to college football Week 11
- 24 more monkeys that escaped from a South Carolina lab are recovered unharmed
- A crowd of strangers brought 613 cakes and then set out to eat them
- A White House order claims to end 'censorship.' What does that mean?
- Will Trump’s hush money conviction stand? A judge will rule on the president-elect’s immunity claim
- IAT Community Introduce
- Elon Musk says 'SNL' is 'so mad' Trump won as he slams Dana Carvey's impression
- Federal hiring is about to get the Trump treatment
- 'I was in total shock': Woman wins $1 million after forgetting lotto ticket in her purse
Ranking
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Bo the police K-9, who located child taken at knifepoint, wins Hero Dog Awards 2024
- These Yellowstone Gift Guide Picks Will Make You Feel Like You’re on the Dutton Ranch
- Anti-abortion advocates press Trump for more restrictions as abortion pill sales spike
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Who's hosting 'SNL' tonight? Musical guest, start time, where to watch Nov. 9 episode
- Todd Golden to continue as Florida basketball coach despite sexual harassment probe
- Jerry Jones lashes out at question about sun's glare at AT&T Stadium after Cowboys' loss
Recommendation
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
Sports are a must-have for many girls who grow up to be leaders
Taking stock of bonds: Does the 60/40 rule still have a role in retirement savings?
Early Black Friday Deals: 70% Off Apple, Dyson, Tarte, Barefoot Dreams, Le Creuset & More + Free Shipping
The Louvre will be renovated and the 'Mona Lisa' will have her own room
World War II veteran reflects on life as he turns 100
Question of a lifetime: Families prepare to confront 9/11 masterminds
Veterans face challenges starting small businesses but there are plenty of resources to help