Alphabet's Focus On Transportation & Mobility Still Rising

Google's parent company Alphabet made a wide variety of bets in the transportation and mobility segment in recent times and is poised to continue with such investments moving forward as part of its diversification efforts. Following reports that the conglomerate invested in electric scooter rental startup Lime, many industry watchers started speculating that Alphabet will have a major role in the future of mobility solutions regardless of the form such technologies end up taking. Its investment vehicles Gradient, Google Ventures, and CapitalG have so far taken stakes in Uber, Lyft, Scotty Labs, SpaceX, and GoJek, hence committing to everything from self-driving hardware and software to ride-hailing services, bike rentals, and rockets.

Simultaneously with those bets, Alphabet is overseeing Google spin-off Waymo that's presently widely believed to be leading the autonomous driving race, having developed some of the world's most advanced artificial intelligence solutions for driverless cars. Google co-founders Larry Page and Sergey Brin personally backed transportation startups as well, with the former investing in flying car company Kitty Hawk, whereas the latter is said to be working on a massive secret airship. Alphabet's growing focus on mobility has yet to be presented as such to investors, with the conglomerate still stating it's primarily looking to invest in any promising new technologies regardless of the industry from which they end up emerging, though a clear investment pattern has been observable in recent years.

Waymo continues to test its self-driving fleet in Arizona, still with the goal of commercializing an autonomous ride-hailing network in the near future. Slow legislation remains one of industry's biggest challenges and a federal framework regulating commercial self-driving solutions is likely years away. Waymo repeatedly signaled it's also interested in bringing its driverless service to Europe shortly following its official U.S. launch, suggesting it will most likely partner with at least one major automaker in order to do so effectively.

Copyright ©2019 Android Headlines. All Rights Reserved
This post may contain affiliate links. See our privacy policy for more information.
You May Like These
More Like This:
About the Author
2018/10/2018-10-23.jpg

Dominik Bosnjak

Head Editor
Dominik started at AndroidHeadlines in 2016 and is the Head Editor of the site today. He’s approaching his first full decade in the media industry, with his background being primarily in technology, gaming, and entertainment. These days, his focus is more on the political side of the tech game, as well as data privacy issues, with him looking at both of those through the prism of Android. Contact him at [email protected]
Android Headlines We Are Hiring Apply Now