Google will reportedly spin its self-driving cars division into its own business next year operating under parent company Alphabet.
According to Bloomberg Business, citing “a person briefed on the company’s strategy,” the driverless cars will offer rides for hire, placing the division in direct competition with ride-hailing services like Lyft and Uber.
Fleets of cars could arrive first on college campuses and military bases before branching out, says the report.
The vehicles, which have been spotted near Google’s headquarters in Mountain View, Calif., as well as Austin, Texas, reach top speeds of 25 miles per hour. Google plans to introduce the cars to the public within the next few years.
In August, Google announced the formation of a new parent company, Alphabet, which houses Google as well as separate entities including Nest, Fiber and the recently renamed Life Sciences division called Verily.
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