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Alphabet-Backed Waymo (GOOGL) Expands Its Robotaxi Business in San Francisco

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Waymo, the self-driving car division of tech giant Alphabet, is expanding its robotaxi service to more areas across the San Francisco Peninsula and parts of Silicon Valley.

Alphabet-Backed Waymo (GOOGL) Expands Its Robotaxi Business in San Francisco

Waymo, the self-driving car division of tech giant Alphabet (GOOGL), is expanding its robotaxi service to more areas across the San Francisco Peninsula and parts of Silicon Valley, the company announced on Tuesday. This comes after Waymo received regulatory approval from the state of California last month to grow its operations. The expansion also comes at a time when EV maker Tesla (TSLA) is preparing to roll out its own paid robotaxi service in Austin, Texas, which will increase competition in the autonomous vehicle space.

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As part of the expansion, Waymo will now offer autonomous ride-hailing services in Brisbane, South San Francisco, San Bruno, Millbrae, and Burlingame. In Silicon Valley, the company is expanding its coverage to more areas of Palo Alto and Menlo Park. And starting Wednesday, Waymo will extend its services in Los Angeles to new neighborhoods such as Playa del Rey, Ladera Heights, Echo Park, Silver Lake, and the entire length of Sunset Boulevard. Interestingly, although Waymo also has permission to operate in San Jose, it has not yet announced when it will launch in that city.

Nevertheless, it is worth noting that Waymo is currently the only company in the United States operating a commercial robotaxi service with paying customers. Indeed, it runs a fleet of over 1,500 autonomous vehicles and provides more than 250,000 rides each week across major cities like San Francisco and Los Angeles in California, Phoenix in Arizona, and Austin in Texas.

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