Waymo Announces Expansion To Miami: How Soon Will Self-Driving Cars Hit The 'Magic City'?

Zinger Key Points

Alphabet Inc GOOG GOOGL subsidiary Waymo announced on Thursday its plans to introduce its autonomous vehicles to Miami, Florida. The valuation of the driving technology company has skyrocketed in recent years.

Waymo in Miami: The Mountain View, California-based company highlighted the city’s growing reputation for innovation and technology in its announcement.

“While Miami is known for its sun and fun, the city is also an emerging hub for innovation,” the statement read. “Waymo's autonomous driving technology offers an opportunity to provide safer, more accessible, all-electric mobility to Miami's residents and tourists.”

Waymo will introduce its all-electric Jaguar I-PACEs “Magic City” in early 2025. Full capability for riders on the Waymo app will come in 2026.

Miami mayor Francis Suarez reacted to Waymo’s expansion in the statement.

"Fully autonomous driving technology offers a safe and convenient option to the people of Miami. I'm so pleased to welcome Waymo to our city," Suarez said. "Waymo's commitment to sustainability with their all-electric fleet is the perfect mobility option to our city as we continue to prioritize low-cost, clean energy."

Other Cities: The company’s vehicles operate in San Francisco, Phoenix, Los Angeles and Austin. The addition of Miami continues the subsidiary’s expansion to the most populous warm-weather cities in the U.S.

Also Read:

Photo: Shutterstock

GOOGL Logo
GOOGLAlphabet Inc
$161.891.64%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
53.18
Growth
64.44
Quality
-
Value
51.39
Price Trend
Short
Medium
Long
Got Questions? Ask
How will Waymo's expansion impact local taxis?
Which automotive suppliers might benefit from Waymo's growth?
Could real estate companies see value rise with autonomous transport?
How might public transport systems evolve due to Waymo?
What tech firms could partner with Waymo in Miami?
Will ride-sharing platforms face disruption from Waymo?
How does Waymo’s move affect local infrastructure investments?
Which clean energy companies could see increased demand?
What insurance firms might adapt to autonomous driving?
How will tourism industries leverage Waymo's services?
Market News and Data brought to you by Benzinga APIs

Posted In:
Comments
Loading...