Transportation
Waymo Secures $5B Loan From Blackstone, PIMCO to Expand Robotaxi Services
Waymo secures its first $5 billion loan from lenders including Blackstone and PIMCO to expand robotaxi services across the U.S. and international markets.
35 articles · page 1 of 3 · showing 1 to 12
Waymo secures its first $5 billion loan from lenders including Blackstone and PIMCO to expand robotaxi services across the U.S. and international markets.
California’s SB 1246 sets new robotaxi rules that require local incident support and allow penalties when autonomous vehicles block first responders.
Aurora expects more than 30,000 driverless trucks and $5 billion in annual revenue by 2030 as it shifts toward a driver-as-a-service business model.
Waymo’s robotaxi fleet has grown to roughly 4,000 vehicles, with about 80% concentrated in California and Texas as its commercial U.S. rollout accelerates.
Waymo is expanding its robotaxi service to teenagers in Nashville, allowing riders as young as 13 with connected parent accounts.
Amazon-owned Zoox can expand its Nevada robotaxi fleet after a 100-vehicle limit expires, increasing competition in Las Vegas.
Waymo resumes robotaxi operations in San Antonio five months after flooding forced the company to pause service and update software.
Lucid Motors and Bolt partner to develop autonomous vehicles for a potential European robotaxi fleet using Lucid’s future EV platform.
Former Waymo CFO Elisa de Martel joins self-driving startup Wayve as the company prepares to expand robotaxi and automated driving deployments.
Autonomous vehicle company May Mobility is going public through a $1.4 billion SPAC merger to expand robotaxi operations.
NHTSA has opened an investigation into Tesla’s Cybertruck after the autonomous vehicle was launched on public roads without a steering wheel or pedals.
Uber is cutting about 3,300 jobs worldwide as the company restructures teams, reduces management layers and focuses on core businesses.
Written by the reporters who cover each beat. Unsubscribe in one click.