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How Ford and VW's multibillion-dollar self-driving car project failed - TL;DR CNBC

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: autosuber technologies incford motor coalphabet class ctechnologyalphabet incvolkswagen agtransportationbusiness newstesla incgeneral motors co

Source: https://www.cnbc.com/2023/03/22/how-ford-and-vws-multibillion-dollar-self-driving-car-project-failed.html


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