How Ford and VW's multibillion-dollar self-driving car project failed
Publishing timestamp: 2023-03-22 08:50:56
Summary
Self-driving projects, including Argo AI, have struggled to develop profitable business models despite big investments. Ford has scaled back its ambitions and is focusing on technology that can make money in the near term, while industry watchers are wondering which company will be the next to pull the plug.
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Keywords: autos, uber technologies inc, ford motor co, alphabet class c, technology, alphabet inc, volkswagen ag, transportation, business news, tesla inc, general motors co,