Waymo Returns to NYC for Robotaxi Mapping Under Alphabet (GOOGL) Expansion

Alphabet Inc. (NASDAQ:GOOGL) is one of the 10 undervalued blue chip stocks analysts recommend for smart investing. On June 18, Waymo, Alphabet’s self-driving division, announced a return to the streets of New York City. The move will materialize in July this year, and the primary objective is to further Waymo’s autonomous vehicle testing and mapping efforts, with long-term plans to launch robotaxi services.

Waymo Returns to NYC for Robotaxi Mapping Under Alphabet (GOOGL) Expansion

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Waymo will kick off the mapping and data collection exercise with human safety specialists behind the wheel. The insights will inform the company’s efforts to offer fully autonomous ride-hailing services in New York City. Waymo previously conducted preliminary mapping and data collection in Manhattan in 2021.

The move is part of Waymo’s broader expansion strategy. The company already offers commercial robotaxi services in San Francisco, Phoenix, Los Angeles, and Austin. There are plans to launch soon in Atlanta, Miami, and Washington, D.C.. Waymo aims to expand its fleet from 1,500 to 2,500 vehicles.

Alphabet Inc. (NASDAQ:GOOGL) is a global technology holding company and the parent of Google. It offers products and services across digital advertising, cloud computing, consumer hardware, and software platforms. Its core businesses include Google Search, YouTube, Android, Chrome, Google Cloud, and Google Play.

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