Ford and other companies say the industry overestimated the arrival of autonomous vehicles, which still struggle to anticipate what other drivers and pedestrians will do.
By 2050, driverless cars and mobility as a service will grow into a $7 trillion worldwide. Driverless cars have many benefits and from 2035 to 2045 consumers will regain up to 250 million hours of free time that was previously spent from behind the wheel, $234 billion in public costs will be saved by reducing […]
Ford Motor Co and Volkswagen AG joined forces to develop autonomous and electric cars on Friday and said they were also looking at other areas of cooperation, deepening a global alliance to slash development and manufacturing costs.
Ford and Volkswagen joined forces to develop autonomous and electric cars on Friday and said they were also looking at other areas of cooperation, deepening a global alliance to slash development and manufacturing costs.
Carmaker Volkswagen will inject $1 billion in capital and $1.6 billion worth of assets into Ford’s self-driving unit, a source close to the matter said on Friday, as the two carmakers deepen a global alliance to share costs.
An expanded alliance between Ford Motor Co and Volkswagen AG that includes a partnership in Ford self-driving unit Argo AI could redraw the balance of power in autonomous vehicles.
Ford Motor Co and Volkswagen AG said on Thursday they are expanding their global alliance announced in January with deals that are expected to involve collaboration on electric and autonomous vehicles.
Ford Motor Co said on Thursday it would provide further updates on its global alliance with Volkswagen AG , which was earlier announced in January.
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Volkswagen will bring the fruits of its Chinese alliance to Ford, which will contribute autonomous car technology. The post Ford and Volkswagen: Throwing Rocks at Silicon Valley appeared first on InvestorPlace. More From InvestorPlace 2 Toxic Pot Stocks You Should Avoid 10 Stocks to Buy […]
Swedish truckmaker AB Volvo’s first commercial autonomous truck deal shows how it is bundling services to generate revenue from a technology that is years away from wide deployment.