Google Sister Waymo Says Ready To Roll Out Fully Driverless Service in San Francisco

Alphabet Inc’s GOOG GOOGL self-driving subsidiary Waymo said on Monday it is ready to roll out fully driverless services in San Francisco without a “specialist” behind the wheel.

What Happened: Waymo had been piloting its autonomous taxi service with a safety driver on board in San Francisco since August last year.

“We’ve made this decision after carefully benchmarking the Waymo Driver’s performance against our safety evaluation methodologies,” Co-CEO Tekedra Mawakana wrote in a company blog post, adding that it marks a key step towards deploying a fully autonomous commercial service. 

Waymo did not provide a timeline to deploy the service without safety drivers.

See Also: Waymo And Cruise Said To Be Seeking Approval To Commercialize Self-Driving Rides In San Francisco

Why It Matters: The development is key to Waymo’s plans as it looks to scale up the business after years of revenue-generating deployment delay of self-driving vehicles.

General Motors Co GM-owned self-driving taxi service Cruise and Waymo had reportedly secured permits from the California Public Utilities Commission earlier this month to offer paid rides with a safety driver. 

Price Action: GOOG stock closed 0.24% lower at $2,729.6 a share on Monday.

Photo courtesy: Waymo

GOOG Logo
GOOGAlphabet Inc
$202.70-0.72%

Stock Score Locked: Want to See it?

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

Reveal Full Score
Edge Rankings
Momentum
71.15
Growth
75.24
Quality
82.53
Value
50.12
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Comments
Loading...