Ford will spend $4 billion over five years on a new subsidiary called Ford Autonomous Vehicles LLC to develop a self-driving car by 2021. To do so, Ford said Tuesday that it installed Sherif Marakby, who led up Uber's self-driving car division for a year, to lead the subsidiary as its CEO. Under Marakby, Ford Autonomous Vehicles will be... Ford to pump $4B into new self-driving car subsidiary
July 24, 2018 at 15:20 PM EDT
Ford will spend $4 billion over five years on a new subsidiary called Ford Autonomous Vehicles LLC to develop a self-driving car by 2021. To do so, Ford said Tuesday that it installed Sherif Marakby, who led up Uber's self-driving car division for a year, to lead the subsidiary as its CEO. Under Marakby, Ford Autonomous Vehicles will be...
Ford will spend $4 billion over five years on a new subsidiary called Ford Autonomous Vehicles LLC to develop a self-driving car by 2021. To do so, Ford said Tuesday that it installed Sherif Marakby, who led up Uber's self-driving car division for a year, to lead the subsidiary as its CEO. Under Marakby, Ford Autonomous Vehicles will be... 