"Uber's network benefits from every incremental unit of supply added in a city. As supply increases, customers find more value because rides become more affordable with faster ETAs."
"In Austin and Atlanta, where Uber has a partnership with Waymo to offer driverless Waymo cabs from the Uber app, the company's overall trip numbers have grown significantly."
"The addition of AV supply to the market has grown the category overall. As a result, not only are residents choosing Waymo, but the overall demand for app-based taxis is increasing."
Uber is confident that Waymo's growth in the autonomous taxi sector will enhance the overall app taxi market rather than threaten its dominance. The company reported that in cities like Austin and Atlanta, where it partners with Waymo, overall trip numbers have significantly increased. Uber's strategy emphasizes that the addition of autonomous vehicles will lead to more affordable rides and faster ETAs, ultimately expanding its total addressable market. Uber sees Waymo's presence as an opportunity for growth rather than competition.
Read at Streetsblog New York City
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