Uber and Waymo to Launch Autonomous Ride-Hailing in Austin and Atlanta by 2025; Uber Up 8%, Tesla Down 1%

Sep 13, 2024, 01:07 PM

Uber and Waymo have announced an expansion of their partnership to bring autonomous ride-hailing services to Austin and Atlanta. Starting in early 2025, Uber riders in these cities will be able to hail Waymo's fully autonomous, all-electric Jaguar I-PACE vehicles through the Uber app. As part of the expanded partnership, Uber will manage fleet services including vehicle cleaning, repair, and other depot operations. This collaboration aims to boost Uber's ambitions in the autonomous vehicle sector. The announcement has positively impacted Uber's stock, which saw a pre-market increase of 6.5% and an overall rise of 8%. Meanwhile, Tesla's stock fell by 1%.