Ford Motor has announced plans to begin testing autonomous vehicles in Washington, DC. The news suggests that the automaker will become the first developer to test vehicles in the capital city of the US. Ford currently has self-driving car testing programs in Detroit, Pittsburgh and Miami, which involves its $1 billion partnership with Argo AI.
Ford Motor stated on Tuesday it was creating a separate $4 billion unit to house its self-driving vehicle projects and is looking outside investors, after a similar move in May by Detroit competitor General Motors with its Cruise Automation unit. GM’s spinoff of Cruise drew a $2.25-billion investment from SoftBank Group, increasing the automaker’s share
Ford CEO Jim Hackett stated the automaker is reviewing its product portfolio as customers show a choice for sport utility vehicles that have fuel performances closer to sedans. Hackett, at a Ford event in Detroit, stated that in the past SUVs were not fuel efficient, but “we’re starting to crack that code”. The automaker is
Ford Motor has formed a team to speed up worldwide development of electric vehicles, whose objective will be to “think big” and “make quicker decisions,” an executive of the company stated on Monday. One objective of Ford’s “Team Edison” is to determine and develop electric-vehicle partnerships with other companies, consisting of suppliers, in some markets,
Ford Motor is thinking about deploying self-driving vehicle technology in bigger industrial vehicles and is dealing with numerous partners to put its autonomous vehicles on the road, a senior Ford executive informed Reuters. “We have been discussing with different partners in different markets” about possible applications for Ford’s first self-driving vehicle in 2021, consisting of