Uber stock rises as Waymo autonomous rides launch in Atlanta
Get Alerts UBER Hot Sheet
Join SI Premium – FREE
Investing.com -- Uber Technologies Inc (NYSE: UBER) stock rose 2.75% in premarket trading Tuesday after the company announced the launch of autonomous ride services in Atlanta in partnership with Waymo.
Starting today, Atlanta residents can be matched with a Waymo autonomous vehicle through the Uber app, expanding on the existing partnership that began in Austin. Riders who request UberX, Comfort, or Comfort Electric services may be matched with a Waymo fully autonomous all-electric Jaguar I-PACE vehicle at no additional cost, with the option to accept or switch to a non-autonomous ride.
The service will initially cover 65 square miles of Atlanta, spanning from Downtown to Buckhead to Capitol View, with plans for future expansion. Customers can increase their chances of being matched with a Waymo vehicle by opting in through the Ride Preferences section in the Uber app settings.
In Austin, where the Waymo partnership is already operational, there are currently 100 Waymo vehicles on the Uber platform, with the fleet expanding across both cities. According to Uber, Austin customers have rated their Waymo trips with an average of 4.9 stars.
The companies emphasized safety as a priority, noting that Waymo vehicles have logged tens of millions of fully autonomous miles on public roads. Riders will have access to 24/7 customer support through both the Uber app and Waymo’s in-car screens.
You May Also Be Interested In
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Takeda names Julie Kim as president and CEO after shareholder vote
- Bernstein SocGen Group Downgrades Nuvalent (NUVL) to Market Perform
Create E-mail Alert Related Categories
General News, InvestingRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share