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Self-driving cars: Ford subsidiary Argo is intensively looking for investors



Self-driving cars: Ford subsidiary Argo is intensively looking for investors


We all know that the race for supremacy in the field of autonomous driving has only just begun. Ford also wants something off the cake and so the Ford subsidiary Argo shows in a video how they imagine the future. So far, the company has invested around one billion dollars in this promising topic. But the competition never sleeps.

Self-driving vehicles are at the top of the list of priorities for almost every car company. This is also the case with Ford and its subsidiary Argo. In Miami, the automaker is already designing, testing and operating an ecosystem of services that will be required for self-driving business in the future.

The technology of the self-driving car

What is Ford’s aim now? The automaker wants to catch up on the big US rival General Motors. Because they will be able to bring a largely self-propelled fleet onto the market with the Cruise brand in the coming year. Ford has that in mind with Argo on a grand scale for 2021. So far, one billion dollars has flowed into the company, which was taken over in 2017. However, the pioneer in this area remains the Google sister company Waymo, which is currently a leader in the field of autonomous driving and will be launching a fleet in the coming months.

At Ford, one remains open to cooperation: “We are definitely talking to other possible customers, automakers, and we are talking to more than one,” said Argo boss Bryan Salesky in an interview with the Financial Times. Noticeable: VW and Ford are currently talking to each other about cooperation on small commercial vehicles. It remains to be seen whether these talks will also be about electric cars and autonomous driving.