Waymo funding shows long road to AVs

There can be no doubt: The development of autonomous vehicles is going to require more — way more — time and money than people thought just a few years ago.

We have long argued on these pages that the profound changes wrought by new mobility technology — electric vehicles, as well as autos that drive themselves — will be a long time coming. The latest evidence that the disrupters’ excitement is facing hard realities: Alphabet this month brought on a passel of investors to help fund Waymo, formerly known as Google’s self-driving car project.

https://www.autonews.com/editorial/waymo-funding-shows-long-road-avs