Waymo, the self-driving ride-hailing company owned by Alphabet, said it is now providing more than 10,000 trips per week to public riders, not including employees. Announcing a major expansion to its service areas in Phoenix and San Francisco, Waymo said it intends "for those numbers to accelerate rapidly to 10 times that scale by next summer." That would imply 100,000 trips a week, suggesting Waymo could begin to start generating significant revenue in 2024.
Waymo says more than 150 million people use ride hailing services in the U.S. However, the company has yet to receive a permit to charge for its services in San Francisco.
Waymo is also now allowing up to four passengers in its vehicles, while looking to expand its operations in Los Angeles. Source: Waymo blog post
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