Google names self-driving car division Waymo | Smart Highways Magazine: Industry News

Google names self-driving car division Waymo

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Google’s has announced its autonomous vehicle project will be called Waymo, a stand-alone business unit within its Alphabet company.

The Wall Street Journal reports that this signals that the self-driving car investment will soon be expected to generate revenue.

It adds that the company is showing willingness to work with partners to put its autonomous-driving technology in typical vehicles, “indicating it isn’t totally wedded to developing futuristic cars without steering wheels and brake pedals”.

“We are a self-driving technology company … not a car company,” it quotes Waymo Chief Executive John Krafcik, an auto-industry veteran who has led Alphabet’s driverless-car project for the past year. “We’re not in the business of making better cars.  We’re in the business of making better drivers.”

 
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