Skip to content
Options Trading Report

Options Trading Report

Primary Menu
  • Home
  • Business
  • Domestic
  • Economy
  • Money
  • Top News
  • Newsletters
  • Home
  • 2024
  • December
  • Alphabet’s Waymo to expand ride-hailing services to Miami

Alphabet’s Waymo to expand ride-hailing services to Miami

Editor December 5, 2024
2024-12-05T150225Z_1_LYNXNPEKB40O7_RTROPTP_4_ALPHABET-WAYMO

(Reuters) – Alphabet’s Waymo said on Thursday it will expand its autonomous ride-hailing services to Miami, Florida, adding another city to its operations as it seeks to gain an edge in an increasingly competitive market.

The company plans to introduce its vehicles to Miami’s streets early next year and aims to launch services to riders in 2026, offering ride-hailing through the Waymo One app.

Waymo’s expansion comes at a crucial time as the firm is under intense scrutiny from safety regulators following multiple incidents involving autonomous driving technology.

Intense competition in the autonomous vehicle market, particularly from General Motors’ Cruise, Amazon’s Zoox and newcomer Tesla presents a significant challenge to Waymo’s efforts to establish and maintain market dominance in the rapidly evolving self-driving technology sector.

Miami will join Phoenix, Los Angeles, San Francisco, and Austin as cities in which Waymo operates.

Waymo also announced a partnership with vehicle financing firm Moove under which the startup will manage Waymo’s fleet operations, facilities and charging infrastructure, starting in Phoenix, Arizona.

Last month, the company opened its ride-hailing services to everyone in Los Angeles, and in Oct. it closed a $5.6 billion funding round led by Alphabet.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Tasim Zahid)

Continue Reading

Previous: Elon Musk brings Trump’s government efficiency push to Capitol Hill
Next: EVs, plug-in hybrids’ reliability concerns ease but still lag gas-powered peers, survey shows

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Want More Market News?
Add your email address below to get up to date market news and more!
By submitting the form you agree to the Privacy Policy of Options Trading Report and agree to receive our email updates and special offers. As a bonus, you will also get a free subscription to MTA Trade of the Day, Privacy Policy. You will receive special offers and advertisements from Options Trading Report and MTA Trade of the Day and our affiliates. You may unsubscribe at any time.

Search

Recent Posts

  • Oil futures, options trade at record levels in Q2 as investors navigate volatility
  • Factbox-How the Republican spending bill super-charges immigration enforcement
  • AOS settles with US over unauthorized Huawei shipments
  • Trump settlement triggers ‘widespread distress’ at CBS News
  • Oil futures, options trade at record levels in Q2 as investors navigate volatility

Categories

  • Business
  • Market News
  • Newsletters
  • Options
  • Reflections

You may have missed

  • Newsletters

Oil futures, options trade at record levels in Q2 as investors navigate volatility

Editor July 2, 2025
2025-07-02T192147Z_1_LYNXMPEL610ZU_RTROPTP_4_USA-CONGRESS-TAX

Factbox-How the Republican spending bill super-charges immigration enforcement

Editor July 2, 2025
2025-07-02T190727Z_1_LYNXMPEL610Z7_RTROPTP_4_FRANCE-TECH
  • Business

AOS settles with US over unauthorized Huawei shipments

Editor July 2, 2025
2025-07-02T183419Z_1_LYNXMPEL610XY_RTROPTP_4_CBS-MOONVES

Trump settlement triggers ‘widespread distress’ at CBS News

Editor July 2, 2025
  • Home
  • Terms of Service
  • Privacy Policy
  • Disclaimer
  • Contact Us
Copyright 2025 © All rights reserved | Options Trading Report | optionstradingreport.com