Amazon.com Inc.‘s AMZN robotaxi firm, Zoox, has introduced its first serial manufacturing facility in Hayward, California.
What Occurred: The ability can produce over 10,000 Robotaxis yearly and spans an space of 220,000 sq. toes, Zoox stated in a press release launched on Wednesday. That is the corporate’s second manufacturing facility after Fremont in California.
Zoox’s robotaxis lack a steering wheel in addition to any pedals and have a pod-like design, which might autonomously transport as much as 4 passengers at a time. Zoox rivals Tesla Inc. TSLA and Alphabet Inc.‘s GOOGL GOOG robotaxi service Waymo.
Zoox is presently working in a restricted capability in Las Vegas, San Francisco and Foster Metropolis in California for firm staff.
Why It Issues: The information is available in because the self-driving taxi sector within the U.S. is rising with a number of gamers within the combine. Just lately, Waymo introduced it was increasing its providers in California and can now function throughout extra neighborhoods in Los Angeles, Silicon Valley and the SF Bay Space.
This comes days after the corporate had halted operations in Downtown Los Angeles over bouts of vandalism in opposition to its fleet throughout the Anti-ICE protests within the metropolis.
Tesla, however, is gearing as much as launch its Robotaxi service in Austin on June 22. Nonetheless, Elon Musk’s EV big has been referred to as upon by lawmakers in Texas to delay the launch, citing up to date rules.
AMZN scores nicely on Progress and High quality metrics and gives passable Momentum and Worth. For extra such insights, join Benzinga Edge Inventory Rankings at the moment!
Try extra of Benzinga’s Future Of Mobility protection by following this hyperlink.
Learn Subsequent:
Photograph courtesy: Sundry Pictures / Shutterstock.com
Market Information and Knowledge dropped at you by Benzinga APIs
© 2025 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.