Commercial Vehicle Group IncCVGI
▲ PositiveDemandrelevance
Raises 2026 revenue and EBITDA guidance on broad-based growth including Zoox program ramp
Impact on stocks 2
Electrification & Mobility▲ · 1 stocks
Commercial Vehicle Group IncRobotics & Physical AI▲ · 1 stocks
Amazon.com IncAMZN
Mentioned
Theme Impact 2
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Caterpillar Expands Robot Trucks to Two More Virginia Quarries
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Waymo to launch driverless taxi service in Singapore in 2028, its first foray into ASEAN
Waymo, the autonomous vehicle development company under Alphabet, announced on September 18 that it plans to launch a full driverless electric vehicle ride-hailing service in Singapore by 2028, marking its first entry into the Southeast Asian market. The first batch of driverless electric vehicles to be deployed will be the Jaguar I-PACE, which will be shipped to Singapore in the coming months. Under the plan for 2027, trained vehicle operators will begin human-supervised test drives to train and tune the Waymo Driver system to familiarise it with Singapore's road characteristics and monsoon weather, before officially opening the service to the general public in 2028. Waymo is working closely with Singapore's Ministry of Transport and the Land Transport Authority, or LTA. Singapore's Minister for Transport Jeffrey Siow said Singapore welcomes Waymo's entry as the latest autonomous vehicle service provider. The move comes after Waymo earlier this week announced plans to launch Japan's first full commercial driverless taxi service in Tokyo by 2027. Waymo is currently valued at 126 billion US dollars as of last February, after raising 16 billion dollars, and continues to expand its fleet of driverless taxis amid fierce competition in the autonomous driving market with major rivals such as Amazon's Zoox and Tesla.