Waymo Set To Double To 20 Million Rides As Self-Driving Reaches Tipping Point

Google's self-driving taxi service Waymo has surpassed 10 million total paid rides, marking a significant milestone in the transition of autonomous vehicles from novelty to mainstream transportation option. The company's growth trajectory, WSJ argues, shows clear signs of exponential scaling, with weekly rides jumping from 10,000 in August 2023 to over 250,000 currently. Waymo is on track to hit 20 million rides by the end of 2025. The story adds: This is not just because Waymo is expanding into new markets. It's because of the way existing markets have come to embrace self-driving cars.

In California, the most recent batch of quarterly data reported by the company was the most encouraging yet. It showed that Waymo's number of paid rides inched higher by roughly 2% in both January and February -- and then increased 27% in March. In the nearly two years that people in San Francisco have been paying for robot chauffeurs, it was the first time that Waymo's growth slowed down for several months only to dramatically speed up again. Waymo currently operates in Phoenix, Los Angeles, and San Francisco, with expansion planned for Austin, Atlanta, Miami, and Washington D.C. The service faces incoming competition from Tesla, which plans to launch its own robotaxi service in Austin this month. Waymo remains unprofitable despite raising $5.6 billion in funding last year.

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