Ford plans to spend $4 billion on autonomous vehicles by 2023

Ford plans to spend $4 billion on autonomous vehicles by 2023

6 years ago
Anonymous $hM_jrxqbr-

https://techcrunch.com/2018/07/24/ford-plans-to-spend-4-billion-on-autonomous-vehicles-by-2023/

Ford Motor plans to spend $4 billion through 2023 in a newly created LLC dedicated to building out an autonomous vehicles business.

The automaker announced Tuesday it has created Ford Autonomous Vehicles LLC, which will house the company’s self-driving systems integration, autonomous-vehicle research and advanced engineering, AV transportation-as-a-service network development, user experience, business strategy and business development teams. The $4 billion spending plan includes a $1 billion investment in startup Argo AI .

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