Wednesday, 14 Nov 2018
Category: Jim Hackett

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 […]

Ford’s plan to turn Detroit’s oldest neighborhood into an electric, AV hub

Ford will spend the next four years transforming at least 1.2 million square feet of space in Corktown — Detroit’s oldest neighborhood — into a hub for its electric and autonomous vehicles businesses. But the automaker’s ultimate aim goes beyond just building a new campus. The goal is to create a “mobility corridor,” — Ford’s version of […]