Waymo, Los Angeles
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Infinite Machine, the New York-based micromobility startup backed by a16z, revealed a seated scooter called Olto that will cost $3,495 when it starts shipping later this year. The Olto will feature 40 miles of range, pulled from an easily swappable 48V lithium-ion battery.
Concurrently, higher-margin software products such as FSD are becoming increasingly crucial to Tesla’s growth narrative as its core EV business faces
While Tesla is on the verge of starting a new chapter, Alphabet’s Waymo has been quietly providing actual paid robotaxi rides to customers in San Francisco, Phoenix, Los Angeles, and Austin, where Tesla’s test will begin.
A new analysis done by ride-hailing aggregator Obi shows Waymos cost more especially on shorter trips. They also have longer wait times.
Moove, a five-year-old startup whose employees clean and charge Waymo’s electric robotaxis, is aiming to raise about $300 million in new funding, according to a person who spoke to the startup’s executives.
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California has been coping with civil unrest, as swarms of protesters have taken to the streets following a series of Immigration and Customs Enforcement (ICE) raids targeting workplaces in Los Angeles County.
The self-driving taxi company also said its vehicles were in the wrong place at the wrong time in Los Angeles after protesters set fire to several of the cars there.
Waymo rides are 30% to 40% more expensive on average than Uber and Lyft on the same routes, according to a recent report by rideshare data analytics firm Obi. The firm analyzed more than 700 ride options across the three apps over the course of a month and found that Waymo’s prices averaged $18.