By Josh Beckerman
Waymo plans to provide fully driverless rides to the general public in the Phoenix East Valley area.
The Alphabet Inc. unit already offers the Waymo One ride-hailing service, with safety operators present in the self-driving vehicles. Some customers participated in a early rider program that required a confidentiality agreement.
Waymo said in a Thursday blog post that as technology improved, it "increased the scope and quantity of our operations, with 5-10% of our rides in 2020 being fully driverless for our exclusive group of early riders under NDA."
In the near term, "100% of our rides will be fully driverless." Later this year, after it adds safety barriers, Waymo will re-introduce rides with vehicle operators, "which will add capacity and allow us to serve a larger geographical area."
In March, Waymo said it raised $2.25 billion led by Silver Lake, Canada Pension Plan Investment Board and Mubadala Investment Co., marking its first outside funding.
Write to Josh Beckerman at email@example.com
(END) Dow Jones Newswires