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Waymo with Magna International to double robotaxi production at Mesa plant owned by Principal, boosting autonomous fleet to over 3,500 vehicles

  • 5/5/2025

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Phoenix Business Journal

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Story Highlights
Waymo plans to double autonomous vehicle production in Mesa
Mesa plant will build over 2,000 Jaguar I-PACEs by 2026
Waymo provides 250,000 weekly trips in four U.S. cities

Principal Asset Management
Kyle Elfers | Managing Director, Portfolio Management
[email protected]
515-247-6582
Principal Asset Management
Darren Kleis | Managing Director, Portfolio Management, U.S. Core Private Equity
[email protected]
515-247-6582

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