Exclusive: Waymo plans to quintuple its fleet

Waymo plans to expand its self-driving car fleet by quintupling its current number, from 4,000 to 20,000, using $5 billion it recently borrowed. The company is targeting 8,000 cars by the end of the year and 20,000 by the end of next year. Waymo has already ordered thousands of cars from China to help expand its fleet. The company is also bringing its rides to locations such as Toronto and has opened a facility in Nashville in partnership with Lyft to charge, clean, and maintain cars.

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