Is Waymo Ahead of the Curve? by Sam Klebanov
The Alphabet-owned company (Goggle) has 1,500 robotaxis ferrying passengers around Phoenix, San Francisco, Los Angeles, Austin, and Atlanta, with plans to roll into new locales. It quietly ramped up to provide over 250,000 weekly paid trips in the US, and beat Lyft’s market share in San Francisco, making it the clear front-runner in the quest to scale rides without a driver. Several companies have hit potholes while chasing the driverless taxi prize. Uber abandoned its internal efforts to develop an autonomous vehicle in 2020 and partnered with Waymo in 2024. Amazon has yet to launch a paid service, but it is testing a couple dozen of its Zoox futuristic driverless cabs—described by some riders as a “toaster on wheels.” It plans to start giving rides to the public in Las Vegas later this year. Tesla launched a robotaxi pilot service in Austin last month and one in San Francisco this weekend. Meanwhile, abroad…the roads are getting dominated by Chinese startups like Pony.ai and tech behemoth Baidu, which are operating or testing driverless taxis in China, the Middle East, and Europe. The stakes are high: The global rideshare market will nearly quadruple from $123 billion in 2024 to $480 billion in 2032, Fortune Business Insights projects. Is Waymo ahead of the curve?