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Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving unit Waymo is seeing the departure of two more key executives, a little over a month after .
Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving unit Waymo is seeing the departure of two more key executives, a little over a month after CEO John Krafcik’s exit in April, Techcrunch reported on Wednesday. What Happened: The California-based company’s Chief Financial Officer Ger Dwyer and Adam Frost, head of automotive partnerships and corporate development, are leaving the self-driving startup this month, according to the report..
Honda Motor Co Ltd (NYSE: HMC) and
SoftBank Group Corp (OTC: SFTBY), has been focusing on San Francisco since the beginning and has logged 2 million autonomous driving miles in the city, according to the report.
Waymo has had over 83,000 autonomous miles in its proposed deployment area, according to its application.
Waymo services would be available all 24 hours while Cruise said its service hours would be from late evening to early morning.
Why It Matters: The development is a big step for Waymo and Cruise who have so far limited San Francisco and Silicon Valley to self-driving tests and are now eyeing scaling up the business after years of revenue-generating deployment delay of self-driving vehicles.