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It seems like Waymo is constantly expanding its reach, with announcements in cities like Detroit, Las Vegas, Nashville, San Diego, and Washington, D.C. However, in this newsletter, I argue that there is another crucial expansion taking place.
That expansion is on freeways. After years of testing and development, Waymo’s commercial robotaxi service now includes freeways in the San Francisco Bay Area, Phoenix, and Los Angeles.
This freeway access is a significant milestone for Waymo, as it allows for more efficient routes and faster ride times. Additionally, it opens up opportunities for rides to and from locations like the San Francisco Airport.
One key moment for Waymo will be offering rides to and from the San Francisco Airport, which could be a game-changer for the company. However, the financial implications of this expansion remain to be seen.
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In addition to Waymo’s developments, this week’s news covers Einride’s SPAC bid, investments in companies like Harbinger and Teradar, Via’s first earnings report, and the potential shutdown of Rad Power Bikes. Keep reading for more details!
A little bird
After Lucid Motors CEO Peter Rawlinson’s departure, rumors suggest that the company is close to naming a new CEO from outside the organization. This move could see Marc Winterhoff, the current interim CEO, returning to his previous role as COO.
Have a tip for us? Reach out to Kirsten Korosec at kirsten.korosec@techcrunch.com or Signal at kkorosec.07, or contact Sean O’Kane at sean.okane@techcrunch.com.
Deals!
Einride, a Swedish electric and autonomous truck startup, is set to go public through a SPAC merger valued at $1.8 billion. Other notable deals include investments in companies like Forterra, Gopuff, Harbinger, Octopus Electric Vehicles, Teradar, Upway, and Vay.
Notable reads and other tidbits
From Ford’s expansion of BlueCruise technology in Europe to Joby Aviation’s latest flight test, the industry is buzzing with new developments. Keep an eye on Lyft’s partnership with Curb, Rad Power Bikes’ uncertain future, and Tesla’s potential integration of Apple CarPlay.
One more thing …
In our recent poll, readers were divided on Tesla’s future goals, with a focus on delivering vehicles, Full Self-Driving subscriptions, robots, and robotaxis by 2035. Stay tuned for more updates!
