Tag: Driverless Taxis

Automation, Automobiles, Driverless vehicles, Science & Technology News

Waymo tells riders that ‘completely driverless’ vehicles are on the way

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‘You can enjoy having the car to yourself’

Waymo, the self-driving division of Alphabet, is about to put more passengers its fully driverless Chrysler Pacifica minivans. The company emailed its customers in the suburbs of Phoenix, Arizona, to let them know that “completely driverless Waymo cars are on the way.” It’s a sign that Waymo is growing confident enough in its technology to increase the frequency at which it allows passengers to ride in autonomous vehicles without a safety driver behind the wheel.

Continue reading… “Waymo tells riders that ‘completely driverless’ vehicles are on the way”

Automobiles, Driverless vehicles, Science & Technology News, Transportation

Autonomous taxis will become a $2 trillion market, UBS says

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The global autonomous taxi market could be worth over $2 trillion on an annual basis by 2030, according to estimates from UBS analysts cited by Bloomberg.

In formulating its estimates, the bank utilized its Evidence Lab to run a simulation of an autonomous taxi fleet in New York City using a “complex algorithm that performs dynamic optimal route generation and passenger-vehicle assignment considering vehicle capacity and rider demand.”

What does this mean: The rise of a new multi-trillion dollar transportation industry will likely reshape how consumers travel and automakers operate.

Continue reading… “Autonomous taxis will become a $2 trillion market, UBS says”