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While Uber stock took a hit on Thursday due to Waymo’s latest move to Miami, not all of Wall Street is convinced the Waymo threat is a death knell to Uber’s business.
In 2017, Waymo sued Uber for allegedly stealing trade secrets. [27] Waymo began testing minivans without a safety driver on public roads in Chandler, Arizona, in October 2017. [55] In 2017, Waymo unveiled new sensors and chips that are less expensive to manufacture, cameras that improve visibility, and wipers to clear the lidar system. [56]
Waymo, born 15 years ago as the “Google Self-Driving Car Project,” now offers fully autonomous rideshare services in Phoenix—where its driverless vehicles also make Uber Eats deliveries—as ...
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] Baidu announced in June 2021 it would start producing robotaxis for 500,000 yuan ($77,665) each. [24]
In 2017, Waymo accused Uber of stealing its autonomous driving trade secrets. You may have thought the Uber-Waymo legal battle was over when, in 2018, the companies reached a settlement and Uber ...
Waymo One's robotaxis could threaten Uber and Lyft drivers' earnings if they get access to airports. Airport rides are among the most profitable trips for human drivers. Waymo One is offering ...
In addition to Waymo One, Uber has partnered with the driverless tech companies Cruise, Motional, Aurora, and Avride, and is collaborating on autonomous driving with the Chinese automaker BYD.
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.
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