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How Uber's New Product Chief Is Gearing Up For Robotaxis

Uber's new chief product officer, Sachin Kansal, is preparing to integrate autonomous vehicles, including Waymo robotaxis, into the Uber app, a complex challenge that will test his well-known dogfooding strategy. His extensive firsthand experience with Uber's services positions him to address potential issues as the company partners with various autonomous technology firms to enhance its market presence. The launch of the "Waymo on Uber" service in Austin exemplifies a shift in Uber's approach to autonomous technology, emphasizing collaboration over in-house development amid ongoing controversies surrounding driver displacement.

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Waymo Is Now Available Exclusively on Uber in Austin Δ1.86

Waymo has launched its autonomous ride-hailing service exclusively on Uber in Austin, Texas, allowing residents to request fully driverless robotaxis through the Uber app. This partnership marks a significant shift from their previous rivalry, as both companies aim to accelerate the transition to autonomous vehicles while navigating operational limitations in service area and fleet size. The collaboration also highlights the evolving landscape of transportation technology, with Uber managing key aspects of fleet operations and Waymo focusing on vehicle testing and rider support.

Uber Users in Austin Are Getting Matched with Waymo Robotaxis Δ1.85

Uber users in Austin now have a choice between a Waymo robotaxi and a human driver. The two companies officially launched Tuesday the “Waymo on Uber” robotaxi service in Austin as part of a partnership that has deepened in recent months. Starting today, Uber users who hail a ride may be matched with a Waymo robotaxi.

Waymo's Self-Driving Future Takes Off Δ1.83

Waymo is logging more than 200,000 paid robotaxi rides every week, according to Alphabet CEO Sundar Pichai, who shared the stat about the tech giant's subsidiary on X. Waymo commercially operates robotaxis in Los Angeles, San Francisco, and Phoenix. The 200,000-weekly trips milestone is notable for a company that was providing only 10,000 rides a week two years ago.

Waymo’s 2025 Expansion Plans Face Uncertainty Amid Industry Shifts Δ1.80

Waymo's plans to expand into new cities, including Atlanta, Miami, and Tokyo, come as its biggest competitor Cruise has pulled the plug on its robotaxi program. The company is also facing increased scrutiny over safety concerns, particularly after a serious accident in San Francisco. Waymo will need to navigate these challenges while maintaining its focus on public trust.

Tesla Kicks Off Approval Process for Robotaxi in California: Buy Now? Δ1.79

Tesla has taken a major step toward launching its long-anticipated autonomous ride-hailing service, filing for regulatory approval in California. It has applied for a transportation charter-party carrier permit from the California Public Utilities Commission, signaling its intent to own and operate a fleet of ride-sharing vehicles in the state. While Tesla’s initial rollout will involve human drivers, the ultimate goal is a driverless robotaxi network.

Hyundai Partners with Avride to Develop Robotaxis in Autonomous Vehicles Deal Δ1.78

Hyundai Motor Company has agreed to jointly develop autonomous vehicles with Avride, a spinoff from Yandex. The partnership will focus on autonomous vehicle technology designed for robotaxis, with the two companies also exploring other use cases such as autonomous delivery services using Avride's sidewalk delivery robots. Under the deal, Avride will expand its fleet of Hyundai Ioniq 5 vehicles and integrate them with its autonomous technology.

Tesla Seeks Approval for Ride-Hailing Services Δ1.78

Tesla has applied for a permit typically associated with chauffeur-operated services, Bloomberg News reported on Thursday, marking the first phase of a series of regulatory approvals required for the electric car maker to launch its promised robotaxi service. The company currently has the approval to test autonomous vehicles with a safety driver in California but lacks a permit for driverless testing or operations from the state's Department of Motor Vehicles. Tesla's application is part of its pivot towards robotaxis, driven by slowing demand for its aging electric vehicle lineup.

Self-Driving Cars: Google and Others Map the Road to Automated Vehicles Δ1.76

General Motors has announced the discontinuation of its Cruise robotaxi service, a decision that highlights the challenges faced by companies in the autonomous vehicle sector. CEO Mary Barra cited high costs and regulatory difficulties as primary reasons for the shift in focus toward privately owned driverless cars, reflecting a significant pivot in GM's strategy. The financial burden of the Cruise project, which reported a staggering loss of $3.48 billion in 2023, raises questions about the viability of shared autonomous mobility services.

GM Hires Chief AI Officer for New Role Δ1.75

General Motors has announced the hiring of its first chief artificial intelligence officer as the automaker seeks to integrate AI technology into its vehicles and other business operations. Barak Turovsky, a former head of AI at Cisco, will lead GM's software and services engineering team and report to Dave Richardson, senior vice president of the department. The appointment aims to accelerate GM's AI efforts across various product lines, including electric vehicles and autonomous driving systems.

Weride Turns a Corner in China; Is It Time to Park the Stock in Your Portfolio? Δ1.75

If WeRide successfully launches its new robotaxi service, the GXR, in Beijing, it may mark a significant turning point for the self-driving car specialist. The company's progress in expanding operations in global markets and receiving regulatory approvals could be seen as positive indicators of its growth trajectory. However, investors should also consider the challenges WeRide faces regarding its financial performance.

Xpeng Shares Jump on Plans to Make Flying Cars, Humanoid Robots Δ1.74

Xpeng Inc. shares rose after the company’s chairman said it plans to start mass production of its flying car model and industrial robots by 2026. The company's ambitions for autonomous vehicles are expected to significantly boost revenue in the coming years. Xpeng's innovative projects have garnered widespread attention from investors and experts alike, sparking interest in the potential impact on the automotive industry.

China’s Geely Introduces New Smart Driving System. Δ1.74

Geely's introduction of the new G-Pilot smart driving system marks a significant step forward in autonomous vehicle technology, allowing for more efficient and safer transportation. The G-Pilot system will be integrated into cars under various brands, including Geely Auto, Galaxy, Lynk & Co, and Zeekr, with pricing starting at 149,800 yuan for the electric sedan Galaxy E8. This development is expected to enhance the driving experience and reduce the workload of human drivers.

Tesla Upgrades Giga Texas: Driverless Cars, Cybercab Preparations, Gpu Training Cluster Δ1.74

Tesla Inc.'s (NASDAQ:TSLA) executive Omead Afshar has announced significant upgrades to the company's gigafactory in Texas, including a tunnel under the highway that reduces travel time by a kilometer and driverless cars capable of transporting themselves directly from the factory to loading docks. The production line is being revamped to accommodate the refreshed Model Y, while preparations are underway for the start of Cybercab volume production in 2026. These upgrades aim to further enhance the gigafactory's efficiency and capabilities.

Hyundai Motor Co Partners with Avride to Expand Robotaxi Fleet Δ1.74

Avride has partnered with Hyundai Motor Co to expand its fleet of robotaxis, and signed a deal with the South Korean automaker to jointly develop and operate self-driving vehicles. The partnership will enable Avride to increase its fleet to 100 Hyundai IONIQ 5 cars this year, expanding into new regions and enhancing its self-driving system. This move solidifies Avride's position as a major player in the autonomous vehicle industry.

Chinese Ride-Hail Firm Didi Seeks $5B Valuation for Self-Driving Unit Δ1.74

Didi Autonomous Driving, a key player in China's autonomous vehicle market, is reportedly seeking fresh funding for its technology unit at a valuation of $5 billion. The company has raised a total of $1.55 billion to date and is testing a fleet of over 200 autonomous vehicles across several Chinese cities. Didi's plans to expand production and commercialize its robotaxis are expected to be funded through the upcoming investment round.

Byd Cars to Come with Dji Drones for Road Overflight and Vehicle Recording Δ1.73

BYD's electric cars will soon feature an integrated vehicle drone option in partnership with DJI, allowing drivers to record their vehicles and surroundings from above. The world's largest electric vehicle maker has partnered with the biggest drone manufacturer to expand the availability of this on-vehicle drone system, which is already available on some of its models. This new technology aims to enhance the driving experience by providing a unique perspective.

Drones Getting Smarter: Autonomous Drone-Launched From Moving Vehicle Enters Market Δ1.73

DJI's latest innovation in autonomous drone technology is the DJI Dock 3, which can launch drones from moving vehicles using an optional gimbal mount accessory. The new system is designed for enterprise customers with sizable budgets and comes in two bundles priced at $21,059 and $23,409. The dock features a built-in weather station, antennas, surveillance cameras, and an internal backup battery.

China’s Geely Introduces New Smart Driving System Δ1.72

Geely's new G-Pilot smart driving system is set to revolutionize the automotive industry with its advanced autonomous technology. The system will be available on various models under Geely Auto, Galaxy, Lynk & Co, and Zeekr brands, marking a significant step towards China's growing presence in the global EV market. As G-Pilot continues to evolve, it has the potential to redefine driver experience and safety standards.

Develop AI Device Ecosystem with Google and Qualcomm Δ1.72

Honor is rebranding itself as an "AI device ecosystem company" and working on a new type of intelligent smartphone that will feature "purpose-built, human-centric AI designed to maximize human potential."The company's new CEO, James Li, announced the move at MWC 2025, calling on the smartphone industry to "co-create an open, value-sharing AI ecosystem that maximizes human potential, ultimately benefiting all mankind." Honor's Alpha plan consists of three steps, each catering to a different 'era' of AI, including developing a "super intelligent" smartphone, creating an AI ecosystem, and co-existing with carbon-based life and silicon-based intelligence.

Tesla, Inc. (TSLA) CEO Elon Musk: ‘There’s A Changeover That He’s Doing On The Autos’ Δ1.72

Tesla, Inc. is navigating a period of significant change under the leadership of CEO Elon Musk, who is reportedly undergoing a shift in his focus towards autonomous driving technology. As Musk's vision for Tesla's future becomes clearer, investors and analysts are taking notice of the company's progress on its ambitious project to develop fully autonomous vehicles. The stakes are high, with regulators and competitors watching closely as Tesla seeks to revolutionize the automotive industry.

Tesla Reinstated as Top Pick; Analysts Predict 50% Upside Potential Δ1.72

Morgan Stanley has designated Tesla as its top automotive pick, projecting a price target of $430 that suggests a potential upside of over 50% for investors. The firm emphasizes Tesla's transition from traditional vehicle manufacturing to a broader focus on artificial intelligence and robotics, highlighting the substantial market growth opportunities in these sectors. Analysts believe that Tesla's innovations, particularly in humanoid robotics and energy solutions, position the company for significant long-term success despite projected declines in its Chinese market share.

Beacon Announces Partnership With Renovate Robotics Δ1.72

Beacon has formed a strategic partnership with Renovate Robotics, a startup specializing in autonomous roofing technology, aiming to enhance safety and productivity in the roofing industry. The collaboration will focus on integrating Renovate's robots, starting with the launch of Rufus, which installs asphalt shingles, into Beacon's distribution network to better serve contractors. This partnership highlights the potential for technological advancements to address labor shortages and improve operational efficiencies in a $60 billion residential roofing market.

Regulatory Approval Required for Autonomous Driving Software Upgrades in China Δ1.72

China has introduced new regulations requiring regulatory approvals for autonomous driving-related over-the-air software upgrades, aiming to prevent automakers from using them to conceal defects or avoid liability. Under the new rules, electric vehicle makers such as Tesla and Xiaomi must obtain a license for product changes before resuming production of affected vehicles. The regulations also ban automakers from naming and marketing driving assistance systems with hints that they can be used as autonomous driving systems.

Meta Plans to Release Standalone Meta AI App in Effort to Compete with OpenAI's ChatGPT Δ1.72

Meta's upcoming AI app advances CEO Mark Zuckerberg's plans to make his company the leader in AI by the end of the year, people familiar with the matter said. The company intends to debut a Meta AI standalone app during the second quarter, according to people familiar with the matter. It marks a major step in Meta CEO Mark Zuckerberg’s plans to make his company the leader in artificial intelligence by the end of the year, ahead of competitors such as OpenAI and Alphabet.

Distillation Powers Ai Stocks to New Heights with Hedge Fund Support Δ1.71

Tesla, Inc. (NASDAQ:TSLA) stands at the forefront of the rapidly evolving AI industry, bolstered by strong analyst support and a unique distillation process that has democratized access to advanced AI models. This technology has enabled researchers and startups to create cutting-edge AI models at significantly reduced costs and timescales compared to traditional approaches. As the AI landscape continues to shift, Tesla's position as a leader in autonomous driving is poised to remain strong.