Current:Home > FinanceWaymo’s robotaxis now open to anyone who wants a driverless ride in Los Angeles -Ascend Finance Compass
Waymo’s robotaxis now open to anyone who wants a driverless ride in Los Angeles
View
Date:2025-04-17 17:58:25
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! (2)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Kylie Jenner Shares Message for “Hot” Jordyn Woods
- Selling Sunset’s Mary Bonnet Gives Update on Her Fertility Journey
- What time is 'The Voice' on? Season 26 premiere date, time, coaches, where to watch and stream
- Former Danish minister for Greenland discusses Trump's push to acquire island
- She exposed a welfare fraud scandal, now she risks going to jail | The Excerpt
- Efforts to build more electric vehicle charging stations in Nevada sputtering
- GOLDEN BLOCK SERVICES PTY LTD
- The White House is cracking down on overdraft fees
- 32 things we learned in NFL Week 3: These QB truths can't be denied
Ranking
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- The last of 8 escaped bulls from a Massachusetts rodeo is caught on highway
- FINFII: Embracing Regulation to Foster a Healthy Cryptocurrency Industry
- Connie Chung on the ups and downs of trailblazing career in new memoir | The Excerpt
- Meta donates $1 million to Trump’s inauguration fund
- Brie Garcia Shares Update on Sister Nikki Garcia Amid Artem Chigvintsev Divorce
- You may not know about the life of undefeated Mercury Morris. But you should.
- Violent crime dropped for third straight year in 2023, including murder and rape
Recommendation
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Memphis man testifies that he and another man killed rapper Young Dolph
Father turns in 10-year-old son after he allegedly threatened to 'shoot up' Florida school
Man convicted of sending his son to rob and kill rapper PnB Rock gets 31 years to life
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
New Lululemon We Made Too Much Drop Has Arrived—Score $49 Align Leggings, $29 Bodysuits & More Under $99
Donne Kelce Says Bonding With Taylor Swift Is Still New for Her
Philadelphia Phillies clinch NL East title. Set sights on No. 1 seed in playoffs