Ford creates autonomous vehicle subdivision

The company is organizing its self-driving business into Ford Autonomous Vehicles LLC, which will include Ford '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 new LLC, which is structured to take on third party investment, will be primarily based at Ford 's Corktown campus in Detroit and will hold Ford 's ownership stake in Argo AI, the company's Pittsburgh-based partner for self-driving system development. Ford expects to invest $4 billion in its AV efforts through 2023, including its $1 billion investment in Argo AI.

Full article: https://www.electricvehiclesresearch.com/articles/14932/f...

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