• 36 mins 3,600 Years Later, Climate Change Turns Mammoths Into $40M Market
  • 5 hours Tesla, Apple Claim China Is Stealing Intellectual Property
  • 7 hours EV Giants Duke It Out For Battery Dominance
  • 24 hours Tech Billionaire Takes Aim At Google
  • 1 day Chinese Police Bust Largest Ever Illicit Crypto Mining Operation
  • 1 day Expect A Pullback Before Gold's Next Major Rally
  • 1 day Why Interest On Gold Matters
  • 2 days Ten Extravagant Food Items For The Wealthy Only
  • 2 days Why Saudi Arabia Won't Give Up On The Aramco IPO
  • 3 days $32 Million Crypto Heist Halts Tokyo Exchange
  • 3 days Is A Gold Selloff Looming?
  • 4 days Central Banks Are Stashing Gold And Dumping Treasuries
  • 4 days Three Cannabis Trends Flying Under Investors’ Radars
  • 5 days $1.3 Billion In Cocaine Found On JPMorgan Vessel
  • 5 days Amazon Teams Up With Lady Gaga To Win Over Generation Z
  • 5 days Dollar Falls As Powell Teases Rate Cuts
  • 5 days Will The World's First Trillion Dollar Company Ever Bounce Back?
  • 6 days Many Americans Will Never Stop Working
  • 6 days Mozilla vs DarkMatter: The Cyber Espionage End Game
  • 6 days Chile Cracks Down On Environmental Infractions
Warning Signs Emerge For Boeing

Warning Signs Emerge For Boeing

The market is underestimating just…

Tom Kool

Tom Kool

Writer, Safehaven.com

Tom majored in International Business at Amsterdam’s Higher School of Economics, he is now working as news editor for Oilprice.com and Safehaven.com

Contact Author

  1. Home
  2. News
  3. Breaking News

Luxury Automaker Partners With Google In Driverless Car Race

Jaguar

Waymo isn’t just planning to be the first company to offer fully autonomous ride-hailing services in the world, and to beat Uber at the self-driving game. It’s planning to be the first one to do it with high class—joining forces with Jaguar.  

The self-driving car company created by Google has announced it will include up to 20,000 Jaguar I-PACE electric vehicles in its upcoming autonomous fleet as part of a long-term partnership between the companies.

Launched earlier this month, Jaguar’s I-PACE is the brand’s first battery-powered vehicle.

(Click to enlarge)

Source: Jaguar

At a press event in New York City earlier this week, Waymo said it expected to begin production on the cars equipped with its technology in 2020, hoping to provide one million rides per day by 2022.

The partnership, worth up to $1.5 billion, is a further mark of Waymo’s ambition in the race against time to beat Uber to the definitive finish self-driving finish line for a driverless ride-hailing service.

Waymo is setting its sights on Uber territory by launching a ride-share service, and it’s also taken advantage in the public sphere of the recent self-driving fatality involving Uber.

In late January, Arizona authorities granted Waymo a permit to operate as a transportation network company (TNC) across the state.

In Waymo’s fleet, Jaguars are set to join the Chrysler Pacifica, which has already been used extensively in testing for the company’s autonomous driving technologies.

Since April last year, Waymo has been running a pilot program that lets people hail rides in its cars, at first with safety engineers present, but fully driverless since November last year.

Newly-released research from AAA documenting consumer attitudes toward self-driving vehicles shows that most of U.S. drivers are still uncertain about the self-driving car, but less so that earlier. Related: Ford Flops In China As Rivals Gain Ground

Research found that 63 percent of U.S. drivers would be afraid to ride in a fully self-driving vehicle--but that’s down from 78 percent a year ago.

As expected, Generation X (70 percent) and Baby Boomers (68 percent) are more likely to be afraid than Millennial drivers (49 percent). As more of these vehicles hit the roads, fears are expected to diminish significantly.

An argument that benefits the self-driving cars industry is the fact that when it comes to car accidents, 94 percent of incidents involve human error.

Waymo had previously said it was discussing collaboration with Honda; however, that relationship failed to materialize and Honda declared recently its intention to bring its own fully autonomous vehicle to the market by 2025.

Waymo is competing with rivals General Motors Co and Uber Technologies to deploy such vehicles for the masses.

Waymo sued Uber for stealing its trade secrets and in February, accepted a $245 million settlement.

Earlier this month, a woman was killed by a self-driving Uber that was being tested in Tempe, Arizona, and the state governor suspended Uber’s self-driving tests. At a conference last week, Waymo suggested that the fatal incident would not have occurred had it been their vehicle on the road.

Uber, Waymo, and other autonomous vehicle developers choose Arizona for testing due to an apparent lack of restrictions and regulatory hurdles.

By Tom Kool for Safehaven.com 

More Top Reads From Safehaven.com:

Back to homepage

Leave a comment

Leave a comment