Waymo Steps Into Paid Autonomy: To Begin Charging For San Francisco Rides
Portfolio Pulse from Anan Ashraf
Alphabet Inc's autonomous driving tech unit, Waymo, will start charging for rides across San Francisco. The pricing will be competitive and reasonable, based on time and distance, and may be higher during busier times. This comes after Waymo and General Motors' Cruise received a driverless deployment permit for 24x7 fared operation in San Francisco from the California Public Utilities Commission.
August 18, 2023 | 2:55 am
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POSITIVE IMPACT
Alphabet's Waymo unit will start charging for rides in San Francisco, potentially increasing Alphabet's revenue.
The decision to start charging for rides by Waymo, a unit of Alphabet, could potentially increase Alphabet's revenue. This is particularly relevant as it comes after receiving a permit for 24x7 operation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Alphabet's Waymo unit will start charging for rides in San Francisco, potentially increasing Alphabet's revenue.
The decision to start charging for rides by Waymo, a unit of Alphabet, could potentially increase Alphabet's revenue. This is particularly relevant as it comes after receiving a permit for 24x7 operation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100