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-0.00046023866662279 -0.000345178999967186 -0.00124921923797625 -0.00212038528551228 0.00180808047601832 0.00134817055130017 0.00085472895229952 0.00128209342844928
Stock impact report

New York drops plan to legalize robotaxis in setback for Waymo [Verge, The]

Alphabet Inc. - Class C Capital Stock (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Company Research Source: Verge, The
New York Governor Kathy Hochul (D) dropped her proposal to allow robotaxi companies to launch commercially in cities other than New York City, citing a lack of support among state legislators, Bloomberg reports today . The move is a blow to Waymo and other robotaxi companies who saw New York, and especially New York City, as a potential goldmine. The plan, which was introduced by Hochul as part of the state's budget proposal last month , would have allowed limited robotaxi deployment in cities other than the Big Apple — while leaving whether New York City would get autonomous vehicles up to the mayor and the City Council. But now that plan is DOA, as support in the legislature never materialized. “Based on conversations with stakeholders, including in the legislature, it was clear that the support was not there to advance this proposal,” Sean Butler, a Hochul spokesperson, said in a statement. The news is a setback for Waymo, which has been eyeing New York, and especially Show less Read more
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