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Co-founder and CEO of Wayve, a UK startup building AI-based autonomous driving technology for self-driving cars.
Stellantis CEO Antonio Filosa said the Wayve partnership could cut the cost and the roughly 24-month development time of hands-off driver assistance. The first North American product is due in 2028, about one current cycle away, so any faster schedule has to show up in the Stellantis brands that ship after it.
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Fares match a standard UberX and there is no tip prompt, so the economics of this launch phase are not about cost per mile. Uber's own survey found more than 100,000 interested Londoners, against 15 licensed cars.
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Britain's permit route for cars with nobody in the driver's seat opened on 15 May, and nobody in London has cleared its first stage. So the fastest way to paying passengers was the licence that mandates a human.
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The first autonomous rides in the UK arrive with a licensed driver in every seat and a fare no higher than a normal Uber, and the $8.6 billion valuation is really a bet on the regulatory approval still to come.
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Fewer than 20 Mach-Es at ordinary Uber fares, each with a Transport for London licensed operator aboard, which makes this a strong test of rider demand and dispatch integration and no test at all of driverless cost.
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Fifteen supervised cars joined the Uber app in London on Thursday under a licence that keeps a human in the driving seat until a separate agency, which few expect to move this year, says otherwise.
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Unitree's $66 billion valuation lost nearly half its value in a week, and robot brains still lack the data to justify the hype.
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