Autonomous Trucks
Waymo, the self-driving unit owned by Alphabet Inc., is slowing the development of autonomous trucking that’s being done by its Via subsidiary. “With our decision to focus on ride-hailing, we’ll push back the timeline on our commercial and operational efforts on trucking, as well as most of our technical development on that business unit,” the company said in a statement. Autonomous ventures like Waymo have spent billions of dollars in capital only to bring in little, if any revenue. Waymo has made more progress monetizing its robotaxi business than it has in trucking. Waymo Via has a partnership with Uber Freight to develop autonomous longhaul trucking as a business, making it the only self-driving company that has worked to develop robotaxi technology and highway trucking.