Uber and Waymo Expand Autonomous Partnership
Uber and Waymo Expand Autonomous Partnership
Uber and Waymo Expand Autonomous Partnership
News summary

Hyundai and Waymo are in discussions to use the Ioniq 5 as the next self-driving taxi for Waymo, potentially replacing the Zeekr platform due to new tariffs on Chinese-made EVs. Meanwhile, Uber is expanding its partnership with Waymo to deploy self-driving, all-electric Jaguar I-PACE vehicles in Austin, Texas, and Atlanta, Georgia, starting early next year. This follows a successful collaboration in Phoenix, Arizona, and aligns with Uber's strategy to integrate new technologies and transition to green energy. The expanded partnership will see Uber managing the fleet and Waymo handling the autonomous driving technology and support. The announcements have positively impacted Uber's stock, which has gained over 41% in the past year. However, there are concerns about the sustainability of the robotaxi business model due to high operational costs.

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