Google reportedly plans to spin off its self-driving car business

Its autonomous driving tech would become a ride-for-hire company under Alphabet's wing.

Sponsored Links

Google reportedly plans to spin off its self-driving car business
Google's self-driving car technology might not remain Google-branded for much longer. Bloomberg sources claim that Google plans to turn its autonomous car business into a separate outfit under its parent company Alphabet's wing. Reportedly, Google hopes that the division will become a ride-for-hire business, a bit like Uber minus the driver. Since self-driving cars aren't street legal outside of testing, the vehicles might initially be limited to driving around colleges, large office campuses and other "confined" places where walking can sometimes be a hassle.

Google isn't commenting on the apparent leak. However, it previously suggested that the self-driving division would make a "good candidate" for one of Alphabet's growing number of stand-alone businesses. Whatever's true, a spinoff would be a big deal -- it'd indicate that Google sees its driverless technology becoming a viable product in the near future, not just a nice-to-have experiment that might pan out in a few years.

[Image credit: Justin Sullivan/Getty Images]

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing.
Popular on Engadget