Erwin Fiebig | Google creates new self-driving car company

Google is putting its self-driving car technology into a new company which it will call Waymo, the firm has announced.

The new business, Waymo, will be owned by Google’s parent company, Alphabet.
It signals a push to commercialise the technology which Google has been developing for more than 10 years.
At a media event, the company showed the story of a blind man who was able to make a full trip using a prototype self-driving car.
The trip happened in 2015, but the company spoke about it for the first time on Tuesday.

Steve Mahan rode alone in one of our prototype vehicles, cruising through Austin’s suburbs,” wrote Google’s John Krafcik.
"Steve is legally blind, so our sensors and software were his chauffeur."
Speaking about the formation of the new company, Mr Krafcik said: "We believe that this technology can begin to reshape some of the ten trillion miles that motor vehicles travel around the world every year, with safer, more efficient and more accessible forms of transport."
Mr Krafcik will become Waymo’s chief executive. Read More....