September 13, 2024 - $Uber Technologies (UBER.US)$ shares jumped 5.18% to $71.62 on Friday. The company and Waymo LLC announced an expansion of their existing partnership to make the Waymo Driver available to more people via Uber.
$Uber Technologies (UBER.US)$ and Waymo are expanding their partnership to introduce autonomous ride-hailing services in Austin and Atlanta through the Uber app starting in early 2025. Waymo's fully autonomous, electric Jaguar I-PACE vehicles will be managed and dispatched by Uber, with the fleet expected to grow over time to hundreds of vehicles.
Riders using UberX, Uber Green, Uber Comfort, or Uber Comfort Electric may be matched with a Waymo vehicle for eligible trips. Uber will handle fleet management tasks such as vehicle maintenance, while Waymo will oversee the testing and operation of the autonomous Waymo Driver. Both companies aim to bring the benefits of fully autonomous driving to more riders in these cities, building on the success of their previous collaboration in Phoenix.
About Waymo
Waymo is an autonomous driving technology company with the mission to be the world’s most trusted driver. Since our start as the Google Self-Driving Car Project in 2009, Waymo has focused on building the Waymo Driver—The World's Most Experienced Driver™—to improve everyone's access to mobility while saving 40,000 of lives now lost to traffic crashes in the U.S. annually. The Waymo Driver powers Waymo One, a fully autonomous ride-hailing service providing over 100K trips each week across San Francisco, Phoenix, and Los Angeles. In total, Waymo has served over two million rider-only trips, enabled by its experience autonomously driving tens of millions of miles on public roads across 13+ U.S. states and tens of billions of miles in simulation.
About Uber
Uber’s mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 52 billion trips later, we're building products to get people closer to where they want to be. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities.
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