This post originally appeared on our sister site, Charged.
Google has just announced that it plans to spin off its self-driving car project into a standalone company called Waymo. The new company stands for “a new way forward in mobility”, according to John Krafcik, CEO of Waymo.
Also read: New executives hired for Google’s self-driving car project ahead of spinoff
The new company name stands for ‘a new way forward in mobility’
This news corroborates earlier reports that Google would be dropping its plan to build vehicles with no steering wheels or pedals. The reports noted that Google would instead [...]