Google’s self-driving cars have been testing Austin and San Francisco – with 53 vehicles on the road as of November 2015. The goal is to create a ride-sharing program, with its first deployments aimed at communal areas like college or corporate campuses.
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By turning the company into its own entity, Google may be looking deeper into ways to monetize the driverless cars, directly challenging popular ride-sharing services like Uber and Lyft. Currently, it releases monthly reports of its car tests, with a few vehicles having gotten into minor accidents and one that even got pulled over by a police.
Driverless car is the second business Google has spun off as a Alphabet company in recent weeks. Earlier this month, it rebranded its Life Sciences division as Verily.