Alphabet's Waymo Touts Better, Cheaper Automated Car Tech As Competition Builds

Forbes - Tech 

A 2017 Chrysler Pacifica hybrid minivan equipped with Waymo's self-driving vehicle technology. Waymo, the company born from Alphabet's Google Self-Driving Car research project, faces mounting competition to perfect technology needed for fully autonomous vehicles. After staying low key about its progress, the latest indications from the new company are that it's far along the path to making such vehicles a reality by taking cost out of the components and boosting overall performance and reliability. John Krafcik, Waymo's chief executive officer, said at the Automobili-D conference in Detroit that the latest sensors, software, artificial intelligence and other components -- all developed and built in-house -- are being used for a fleet of 100 Chrysler Pacifica minivans, the first batch of which will begin public road tests in California and Arizona this month, he said. Keeping development and production in-house has led to major cost savings, including a 90% reduction for the laser Lidar sensor riding atop the new Pacificas.