In 2024, Waymo's launches in San Francisco and Los Angeles generated an estimated $100 million in revenue, providing over 200,000 paid rides weekly across its operational cities. While Waymo has avoided serious traffic accidents so far, the risk increases with expansion. The company has also begun testing robotaxis in Tokyo, marking its first overseas venture. Other companies like Amazon's Zoox and May Mobility are also entering the autonomous ride service market, with plans to launch services in Las Vegas and various U.S. locations, respectively.
Key takeaways:
- Waymo plans to expand its paid robotic ride service to Washington, D.C., Miami, and Atlanta while continuing to grow in existing cities.
- Waymo has become a leading player in the U.S. robotaxi market after the collapse of GM-backed Cruise, with Tesla aiming to enter the market.
- Waymo's service provides over 200,000 paid rides weekly and generated an estimated $100 million in revenue in 2024.
- Waymo is testing robotaxis in Tokyo, and other companies like Amazon's Zoox and May Mobility are also entering the autonomous ride service market.