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AUTONOMOUS RIDE HAILING
Alphabet's Waymo secures $5 billion term loan to accelerate expansionPIMCO, Blackstone and Sixth Street participated as lead syndicated lenders, while Capital Group, Loomis Sayles and T. Rowe Price were signi...- Uber's 3,300 job layoff memo has a warning for work-from-home employees and managers; the company has put a limit on who will be allowed to stay remoteUber is cutting about 3,300 jobs while sharply limiting fully remote work to just 1% of its workforce. Most remote employees will be asked ...
- Tesla starts Cybercab rides in Austin, prompting US safety agency evaluationCEO Elon Musk has said the Cybercab is key to transforming Tesla into a dominant force in driverless vehicles. The National Highway Traffic...
- Uber to cut 3,300 jobs in company overhaul to reduce management layersChief Executive Officer Dara Khosrowshahi announced the changes in an email obtained by Bloomberg News, saying that Uber’s growth in recent...
- Uber launches autonomous rides in Zagreb, its first in EuropeCurrently, riders can book robotaxis in key areas in Zagreb, including the city center, with service availability and geographic coverage e...
- Lenskart Q1 profit jumps; Tata stocks tumbleLenskart posted a strong first quarter, with profit nearly quadrupling. This and more in today's ETtech Top 5.
- Former Uber executive Gautam Gupta joins Travis Kalanick's robotic startup Atoms as CFOGautam Gupta has joined Travis Kalanick's autonomous technology startup Atoms as chief financial officer. Gupta's association with Kalanick...
- Uber shares drop 6% as weak forecast overshadows strong bookingsUber’s strong second-quarter growth was overshadowed by a weak outlook, sending shares down 6% as the company ramps up autonomous-vehicle i...
- Amazon's Zoox wins first US approval for paid robotaxis with no human controlsAmazon's Zoox secured US approval for limited commercial robotaxi deployment. This marks a significant milestone for autonomous vehicle tec...
- Tesla expands robotaxi service to Orlando, Tampa ahead of earningsTesla has expanded its robotaxi service to Orlando and Tampa this week. This move aims to prove the company can scale its autonomous ride-h...
- Uber, Nvidia plan robotaxi rollout in 28 cities starting next yearRobotaxis are rapidly expanding into more cities as companies race to commercialize autonomous ride-hailing, but Alphabet's Waymo remains t...
- Uber, Lyft to test Baidu robotaxis in UK from next yearIt highlights how ride-hailing platforms are accelerating autonomous rollout through partnerships, positioning London as an early proving g...
- Lyft stock jumps 12% today as Lyft partners with Waymo to launch fully autonomous ride-hailing in Nashville in 2026Lyft Inc. (NASDAQ: LYFT) shares surged over 12% to $22.69 following the announcement of a new partnership with Alphabet's Waymo to introduc...
- WeRide receives permit for robotaxis in ShanghaiWeRide, in partnership with Chery Group and Jinjiang Taxi, will deploy fully driverless ride-hailing robotaxis on public roads in the Pudon...
- Uber, Waymo launch autonomous ride-hailing service in AtlantaThere are now 100 Waymo vehicles on the Uber platform in Austin and it will launch with dozens in Atlanta. Uber will manage and dispatch a ...
- Alphabet's Waymo aims for 2026 self-driving ride-hailing launch in Washington, DCWaymo One, the company's fully autonomous ride-hailing service, is providing more than 200,000 paid passenger trips each week in San Franci...
- Tesla gets first in a series of permits it needs to run robotaxis in CaliforniaThe permit is a prerequisite for applying to operate an autonomous ride-hailing service in California, but a CPUC spokesperson said the cur...
- Alphabet’s Waymo to offer self-driving rides in Silicon ValleyWaymo announced that it will begin offering rides to a select group of residents before expanding to more passengers across a 27-square-mil...
- Alphabet's Waymo closes $5.6 billion funding to expand autonomous ride-hailing serviceThe investment round also saw participation from existing investors including Andreessen Horowitz, Fidelity, Perry Creek, Silver Lake, Tige...
- Waymo in talks with Hyundai Motor to produce self-driving taxisAlphabet's Waymo is in discussions with Hyundai Motor to potentially outsource the manufacturing of its self-driving vehicles. The talks in...
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