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Waymo Hits 10 Million Rides, Leading the Driverless Revolution

by Team Lumida
May 31, 2025
in AI
Reading Time: 5 mins read
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a car that is driving down the street

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Key Takeaways:

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  • Waymo, Google’s autonomous taxi service, has surpassed 10 million paid rides, with exponential growth expected to reach 20 million by the end of 2025.
  • The company operates in cities like San Francisco, Phoenix, and Los Angeles, with plans to expand to Atlanta, Miami, Washington, D.C., and international markets like Tokyo.
  • Waymo’s safety-first approach, supported by lidar, radar, and human feedback, has given it a significant lead over competitors like Tesla, which plans to launch its robotaxi service in June.
  • Despite its rapid growth, Waymo faces challenges, including high costs, regulatory hurdles, and the potential for public backlash in the event of accidents.

What Happened?

Waymo, owned by Google’s parent company Alphabet, has cemented its position as the leader in autonomous ride-hailing, surpassing 10 million cumulative rides in 2025. The company’s growth has been fueled by its expansion into new markets and increasing adoption in existing ones, such as San Francisco, where Waymo rides have become a common sight.

Waymo’s fleet of over 600 vehicles in San Francisco alone has seen rapid adoption, with ridership growing from 10,000 weekly rides in 2023 to over 250,000 weekly rides in 2025. The company’s focus on safety and reliability has helped it win over skeptics, with many users now choosing Waymo over traditional ride-hailing services like Uber and Lyft.

The company is also scaling its operations globally, mapping cities like Boston, Dallas, and Tokyo, and testing in new markets like Orlando and Houston.


Why It Matters?

Waymo’s success marks a pivotal moment in the adoption of autonomous vehicles, transitioning from a niche technology to a mainstream transportation option. Its rapid growth highlights the potential for self-driving cars to reshape urban mobility, reduce traffic accidents, and offer a glimpse into the future of transportation.

However, the company’s high costs—driven by its reliance on advanced sensors, mapping, and human feedback—remain a challenge. While Tesla’s camera-based, cost-efficient approach could pose a threat, Waymo’s safety-first strategy has given it a significant head start.

Public acceptance of autonomous vehicles is also growing, with users reporting increased trust in Waymo’s careful and deferential driving style. Yet, the company’s momentum could be jeopardized by a single high-profile accident, underscoring the importance of maintaining its strong safety record.


What’s Next?

Waymo plans to expand its operations to new cities, including Atlanta, Miami, and Washington, D.C., while continuing to map and test in additional markets. The company is also preparing to face competition from Tesla, which is set to launch its robotaxi service in Austin.

Investors and industry observers will closely monitor Waymo’s ability to scale profitably, as Alphabet’s “Other Bets” division, which includes Waymo, reported a $4.4 billion loss last year. The company’s ability to maintain its safety record and navigate regulatory challenges will be critical to its long-term success.

As autonomous vehicles become more common, Waymo’s progress will serve as a bellwether for the broader adoption of self-driving technology worldwide.

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Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

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