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Ride-hailing stalwart Uber is in focus this week, as robotaxi challenges from Waymo and others may cut into its future prospects. ... BofA has a Buy rating on Uber and $93 price target, suggesting ...
Elon Musk's Robotaxi is still miles away from overtaking Uber and Waymo in the ride-hailing race. ... to be in production sometime in 2026 "or before 2027" and cost less than $30,000.
From a consumer perspective, my Waymo experience was about on par with taking an Uber. Waymo was generally cheaper, and equally reliable. It sometimes took what seemed like slower, back-street routes.
However, the prices of some components such as LIDAR have fallen significantly. [22] In January 2021, Waymo stated its costs were approximately $180,000 per vehicle, and its operating cost at $0.30 per mile (~$0.19 per km), well below Uber and Lyft, but this excludes the cost of fleet technicians and customer support. [23]
Uber and Lyft drivers in Phoenix and Los Angeles have said robotaxis are making their gigs even more competitive.
The ride-hailing giants restructured their businesses to ... GOOGL) Waymo on their apps in 2025. Uber and Lyft had shelved their self-driving car ambitions in the face of the 2020 pandemic ...
It may also slow Waymo encroachment into Uber’s market share. An analysis from Bernstein estimated that, as of May 2024, Waymo’s 50,000 weekly paid rides made up approximately 2% of ride ...
Uber and Waymo announced self-driving rides are months away from pickup as the companies are partnering to pioneer uses for autonomous vehicles. Waymo and Uber are teaming up to bring self-driving ...