• 4 mintues Texas forced to have rolling brown outs. Not from downed power line , but because the wind energy turbines are frozen.
  • 7 minutes Forecasts for oil stocks.
  • 9 minutes Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 13 minutes European gas market to 2040 according to Platts Analitics
  • 3 hours Simple question: What is the expected impact in electricity Demand when EV deployment exceeds 10%
  • 2 hours America's pandemic dead deserve accountability after Birx disclosure
  • 2 hours Putin blocks Ukraine access to Black Sea after Joe blinks
  • 2 hours U.S. Presidential Elections Status - Electoral Votes
  • 13 hours Today Biden calls for Summit with Putin. Will Joe apologize to Putin for calling him a "Killer" ?
  • 2 days Fukushima
  • 2 days CO2 Mitigation on Earth and Magnesium Civilization on Mars – Just Add Water
  • 3 hours Biden about to face first real test. Russia building up military on Ukraine border.
The War For Control Of Mexico’s Energy Industry

The War For Control Of Mexico’s Energy Industry

Mexico’s President, Andres Manuel Lopez…

U.S. Oil Bankruptcies Shoot Up In Q1 2021

U.S. Oil Bankruptcies Shoot Up In Q1 2021

The number of North American…

Why Gasoline Prices Often Rise In Spring

Why Gasoline Prices Often Rise In Spring

Gasoline prices set to rise…

Josh Owens

Josh Owens

Josh Owens is the Content Director at Oilprice.com. An International Relations and Politics graduate from the University of Edinburgh, Josh specialized in Middle East and…

More Info

Premium Content

The World’s First Fully Driverless Vehicle Ready To Hit The Roads

Waymo just announced its plans to deploy vehicles without backup safety drivers, making a major milestone in a sector that has witnessed many ups and downs and stops and starts. The company, the self-driving unit of Google’s parent Alphabet, said it will soon expand its driverless ride-hailing service to include the general public in Phoenix, Arizona.

“Beginning today, October 8, we’re excited to open up our fully driverless offering to Waymo One riders. Members of the public service can now take friends and family along on their rides and share their experience with the world,” the company said in a blog post.

For now, Waymo’s service will still be limited to Phoenix, but the company hopes for that to change in the future. Waymo, and other autonomous vehicle developers, chose Arizona for testing due to an apparent lack of restrictions and regulatory hurdles.

Still, offering rides to all customers is a huge advantage over its competitors. Being first always helps with reputation - and revenue. Waymo’s competitors are still in the testing phase.

The company’s CEO John Krafcik said in a statement that Waymo is looking for the opportunity to bring its driverless services to the company's home state of California next.

Waymo started its driverless car development in 2017.

The following year, the company joined with carmaker Jaguar and announced a deal that included up to 20,000 Jaguar I-PACE electric vehicles in its upcoming autonomous fleet.

The partnership, worth up to $1.5 billion, is a further mark of Waymo’s ambition in the race against time to beat Uber to the definitive self-driving finish line for a driverless ride-hailing service. Jaguars are set to join the Chrysler Pacifica, which has already been used extensively in testing for the company’s autonomous driving technologies.

Related: Rising Oil Rig Count Puts Prices Under Pressure

Waymo had previously said it was discussing collaboration with Honda; however, that relationship failed to blossom and Honda recently declared its intention to bring its own fully autonomous vehicle to the market by 2025.

Waymo is competing with several other players to deploy such vehicles for the masses, but it’s not as easy as they all thought it would be years ago. Pandemic also slowed down the progress.

Ford is also collaborating with Germany’s Volkswagen and Argo AI to introduce autonomous vehicle technology in the U.S. and Europe. Due to the pandemic, Ford said it will delay its launch plans until 2022.

Another of Detroit’s Big Three, General Motors, unveiled its first driverless vehicle in January and announced it would start delivering the first vehicle in the next five years.

Last September, Hyundai said that it would form a $4-billion joint venture with Aptiv to advance the development of production-ready autonomous driving systems. The company announced it would start mass production of driverless cars in 2024.

As for Uber, sued by Waymo for stealing its trade secrets and settled for $245 million, it’s self-driving division, Advanced Technologies Group (ATG), has had a tough time since a fatal crash involving one of its self-driving cars in 2019.  

By Josh Owens for Safehaven.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News