Google to Make Driverless Cars an Alphabet Company in 2016
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Google Said to Make Driverless Car Unit Alphabet Company
Google Inc. plans to make its self-driving cars unit, which will offer rides for hire, a stand-alone business under the Alphabet Inc. corporate umbrella next year, a person briefed on the company’s strategy said.
Google’s autonomous vehicles have logged more than 1 million miles (1.6 million kilometers) on public roads, mostly around San Francisco and Austin, Texas, making these cities logical places for launching a service, said the person, who asked not to be identified because the plans are private. The fleets -- which would include a range of large and small vehicles -- could be deployed first in confined areas like college campuses, military bases or corporate office parks, the person said.