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Ford's fourth-generation AV. Photo: Ford

Two weeks after Waymo opened up its driverless taxi service to the public in Phoenix, other autonomous vehicle developers are reporting progress, too.

Why it matters: The pandemic temporarily suspended on-road testing at many AV companies, but the past week shows they've been hard at work.

  • Cruise and its major shareholder, General Motors, said they will seek regulatory approval to deploy a limited number of Cruise Origin driverless shuttles in San Francisco.
  • Because the Origin has no steering wheel or pedals, the company may seek an exemption from motor vehicle safety standards for up to 2,500 noncompliant vehicles.
  • The effort comes one week after Cruise received a permit from California’s Department of Motor Vehicles to test driverless cars on San Francisco streets.

Ford plans to launch its self-driving commercial business in 2022 with vehicles based on the Ford Escape Hybrid crossover.

  • “With our fourth-generation test vehicle, we have everything we need from a vehicle to stand up our self-driving service,” John Davis, chief engineer of Ford’s autonomous vehicle subsidiary wrote in a Medium post.

Motional and Lyft resumed their robotaxi service in Las Vegas this week.

  • Motional is a joint venture between Hyundai and Aptiv.

Go deeper

Jan 29, 2021 - Economy & Business

Transportation's next big thing: flying taxis

Photo: Joby Aviation

The next big thing in transportation could be electric flying taxis — think of a drone crossed with a helicopter — that would ferry people and goods high above congested roadways.

Why it matters: Air taxis are billed as a cheaper, faster, cleaner mode of transportation, and an important link between remote areas and population centers. But there are still technical and regulatory challenges to overcome — not to mention public skepticism.

Dion Rabouin, author of Markets
36 mins ago - Economy & Business

The digital dollar is now high priority for the Fed

Illustration: Aïda Amer/Axios

The U.S. is starting to get serious about a central-bank-backed digital currency, with recent comments from top officials laying out the strongest support yet.

Driving the news: On Tuesday Fed chair Jerome Powell told Congress that developing a digital dollar is a "high priority project for us," but added that there are "significant technical and policy questions."

Dan Primack, author of Pro Rata
2 hours ago - Economy & Business

Coinbase files to go public

Illustration: Eniola Odetunde/Axios

Cryptocurrency exchange Coinbase on Thursday filed to go public via a $1 billion direct listing.

Why it matters: This comes in the midst of a crypto boom, and the listing may further legitimize the industry.

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