Regina Klielau

This is definitely a significant development.

It's another major player in the autonomous vehicle space.

and it shows more confidence in the technology, but it's still pretty limited, and it's definitely an experiment.

Well, I think there are a couple of companies, including Zoox and Tesla, that are really designing vehicles that are intended to be purpose-built for autonomous driving and for autonomous ride-hailing.

So it is a significant development.

And I think at the end of the day, what's great is that there are multiple players that are entering the market, which ultimately for cities is a good thing because it makes the regulatory landscape easier for them to manage.

I think it's still very early days, but the landscape is moving much more quickly, especially over the last three years.

And you see these new players entering the market with commercial ride hailing services.

But I don't think that, you know, it's clear that there's any.

one winner at this point in time, although Waymo is significantly ahead at the moment in terms of commercial ride hailing.

As you mentioned, they're estimating to reach a million rides per week by the end of the year.

But it's still anyone's market to win, and it's exciting to see more players enter it.

I think that in San Francisco, there's a lot of data to suggest that consumers do really feel comfortable utilizing Waymo and certain segments of customers preferring Waymo and even being willing to pay more for that vehicle over, let's say, an Uber or Lyft.

So I think that people are becoming very comfortable very quickly with these vehicles, and we'll just continue to see that happen.

I think that a lot of the global readiness is pretty accepting.

We have a lot of other countries out there that will be willing to allow more vehicles and more operators to experiment.

And then putting those vehicles out there for consumers to begin adopting

allows them to move forward more quickly.

So I think that, you know, at a global level, we're going to continue to see an acceleration of the adoption of those vehicles.