Self-Driving Cars Coming to NYC? Waymo's Big Move Shakes Up Uber & Lyft
Bloomberg.com•6 hours ago•
860

Self-Driving Cars Coming to NYC? Waymo's Big Move Shakes Up Uber & Lyft

TRANSPORT
waymo
nyc
robotaxi
autonomousvehicles
ridehailing
Share this content:

Summary:

  • Waymo applies for a permit to test self-driving cars in NYC.

  • This comes despite a lack of local regulations for commercially operated autonomous vehicles.

  • The move caused Uber and Lyft stock prices to fall.

  • Waymo's robotaxis will initially have a human safety driver.

  • This could significantly change the future of transportation in NYC.

Waymo's NYC RoboTaxi Test: A Game Changer?

Waymo, the self-driving arm of Alphabet Inc., has officially applied for a permit to test its autonomous vehicles in New York City. This bold move throws a wrench into the existing ride-hailing market, currently dominated by Uber and Lyft.

The application, submitted to the city's Department of Transportation, would allow Waymo to operate robotaxis in Manhattan with a safety driver behind the wheel. This is significant because NYC currently lacks regulations specifically supporting commercially operated autonomous vehicles. The news sent ripples through the stock market, causing shares of Uber and Lyft to dip.

Learn more about NYC's autonomous vehicle regulations

This development marks a potential turning point for the future of transportation in the Big Apple. Will robotaxis become a common sight on NYC streets? Only time will tell.

Comments

0

Join Our Community

Sign up to share your thoughts, engage with others, and become part of our growing community.

No comments yet

Be the first to share your thoughts and start the conversation!

Newsletter

Subscribe our newsletter to receive our daily digested news

Join our newsletter and get the latest updates delivered straight to your inbox.

NewYorkNews.app logo

NewYorkNews.app

Get NewYorkNews.app on your phone!