At the moment, Google has finally publicized that they would be spinning off their six-year-invention self-driving venture into a separate commercial and an afresh company called Waymo. According to the CEO of the new company, John Krafcik, Waymo actually means “a new way forward in mobility.”

According to Verge, as earlier informed, Google would be dipping its proposal to build its personal automobile without navigation steering wheel and gearshifts, as a replacement for concentrating on generating the self-driving technology that can be mounted in third-party automobiles.

Krafcik didn’t offer much precision there, but did said conclusively that the new business was still completely dedicated to fully independent automobile technology. He even said: “We are all in, 100 percent, on Level Four and Level Five fully driverless solutions.” Also, he didn’t give a statement on a report in Bloomberg that Google would be opening its own ride-sharing provision in business with Fiat Chrysler using the Italian car producer’s Pacifica minivans as its convoy of self-driving minicabs.

To make it clear, he added by saying: “It possibly will be too shortly to say that Google is leaving its plans to build its own convoy of driverless cars, without steering wheels and pedals. Waymo “is not a car company, there’s been some confusion on that point. We’re not in business of making better cars, we’re in the business of making better drivers.”

Additionally, he revealed that back in October 2015, one of Google’s completely independent automobiles with no steering wheel or pedals drove around on public roads in Austin, Texas. Mahan, an Austin inhabitant who has been visionless since 2004, was the passenger in Google’s momentous expedition with that particular automobile. “It is like riding with a very good driver,” Mahan said.

Moreover, according to The New York Times, the technology site The Information stated earlier that Waymo was bearing in mind building a ride-sharing network with the minivans. When asked about that prospect, Krafcik said that: “We’ll see.”

In general, notwithstanding about the money, it also focuses about data. Without a way of getting its systems on the road through a ride-sharing network or an automaker, Google may struggle to collect valuable on-the-road information — a crucial part of helping its driving systems learn and improve over time.