Arrival was founded in 2015 and has 800 employees, but until now has been in “stealth mode,” revealing little about its business model or plans. But this deal is a sign it has been doing something right, says Michael Harley...
Recent:
JarAutoNews
Move will happen soon
Project CEO says the move will happen soon
Google’s Self-Driving Car Project is slated to reach a new milestone as it prepares to transition into a separate company outside of the Alphabet umbrella. The news comes from project CEO John Krafcik, who was in attendance at this week’s Nikkei Innovation Forum where he spoke and provided an update on Google’s self-driving car program.
“Around a year ago we announced this new Alphabet structure and the ‘bet’ of Alphabet is sort of a shorthand for these new entities that are forming within this new corporate structure,” Krafcik said. “So this self driving car project is on its way to what we call a graduating project.”
The self-driving car program currently operates under Google X, a division that Krafcik described as a place where “moonshot” and experimental projects take place. Projects that graduate from Google X typically fall under Alphabet, but it appears Krafcik’s project will be completely independent, with no affiliation with Google’s parent company.
Forbes reports that the move–which comes with a new name for the project–will happen soon.
To date, the Google self-driving project has been testing prototypes of its pod-like autonomous cars on public roads in Austin, Texas, and around its headquarters in Silicon Valley. The company recently inked a deal with Fiat Chrysler Automobiles to test its autonomous driving technology in at least 100 Chrysler Pacifica hybrid minivans, with a bulk of the evaluations to take place in Michigan.
Source: Forbes
Menu
Other News
Both outlets report that the new M3 will come with more than 510 horsepower, thanks to a slightly uprated version of the "S58" 3.0-liter twin-turbocharged inline-six found in the latest X3 M and X3 M Competition models...
Guinness World Records has taken a step back from the dispute between two record-setting car salesmen. Earlier, we wrote about strong-selling Joe Girard, who sold a record number of cars in 1972 and was so eager to defend his title that he disputed the new record claimed by Ali Reda....
