The search engine giant has hired a new CEO for self driving car project which has made the analysts in the industry quite bullish
The most popular Google project is reportedly the self-driving car idea that the firm has been working for quite some time now. For the past couple of years, the search engine giant has not only increased its workforce for the project but it has also shown massive growth in the field, with tests on the cars being done every now and then in different parts of the country.
This time around, the progress in the project comes with the announcement of a new CEO that has been hired by the tech giant in order to head the automotive car program in a much better way than it is already being run. This news was released on Sunday when the firm announced that it will be giving the post to John Krafcik, who has served as the president for Hyundai’s American wing for a long time and has been a part of the auto industry for quite some time now.
He has not only worked in Hyundai, but has also given his services to Fords Motors for a long time. On the other hand, analysts are taking this step of the auto giants as one that shows the firm cannot possibly be fooling around with the automotive car idea with such huge progress being made.
The first time that Google business launched the these cars was in 2009, when the project was initiated by the firm, according to Google news. At that time, the automotive industry seemed like a dream to the analysts but things have been gearing up a little too fast now, with progress being made in the industry at a very fast pace. The recent tests for the self driving vehicles that were done in California and Texas turned out some great results for the firm to feel confident enough to work its way upwards in the industry in the best possible way.
In Austin alone, around 25 cars have been observed on the roads which are Lexus SUVs, according ot latest Google updates. With the new CEO, the tech firm looks like it is preparing itself and the market for a really huge outcome that will take place soon enough, according to the firm’s beliefs.
Analysts, on the other hand, have observed the situation closely and are of the opinion that things have already begun to look better for the giant as Krafcik has previously shown his high potential in the industry through different projects and his entrance in the company could mean many positive things for it.