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although robot taxi companies usually are not financially rewarding at this time, Waymo and also other autonomous vehicle companies like basic Motors’ Cruise and Amazon’s Zoox are vying for your share of a market that could someday be value approximately $five trillion, some analysts estimate.
But substantial cities also present worries like chaotic website traffic, stricter restrictions and Opposition with public transportation.
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Waymo is charging price ranges comparable to Uber’s and Lyft’s, but in contrast to those businesses — whose profit margins are at finest slender — Waymo has to pay for its fleet, along with housing for storage and recharging.
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