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Uber and Waymo to end exclusivity arrangement in Atlanta and Austin
CNBC • • business
Key Points:
- Uber and Waymo's partnership to offer Waymo robotaxis exclusively through the Uber app in Atlanta and Austin is changing, as Waymo plans to launch its own app in these cities by January 2028.
- Waymo's robotaxis are currently available in nine other U.S. markets without exclusive Uber deals, reflecting the company's broader expansion and partnerships, including a non-exclusive deal with Lyft in Nashville.
- Uber will continue to offer Waymo robotaxis on its platform in Atlanta and Austin until at least May 2028 but will also open its platform to other autonomous vehicle providers.
- Waymo emphasizes providing riders with choice in accessing autonomous vehicle technology, aligning with its vision of widespread availability and safety.
- The news of Waymo's app launch and potential split from Uber contributed to a more than 4% drop in Uber shares, amid ongoing investments by Uber in other autonomous vehicle technologies and partnerships.
