Automakers exploring autonomous tech find safety in numbers
As autonomous vehicle development commands major attention and investment, virtually every automaker has chosen to partner with one or more rivals in a bid to share costs and hedge against the uncertain technology. Last week alone, Volkswagen Group reportedly was considering a $1.7 billion investment in Ford Motor Co.’s AV subsidiary, Argo AI, as the two companies broaden a global alliance, while BMW and Daimler agreed to jointly develop self-driving technology by the middle of next decade.
https://www.autonews.com/technology/automakers-exploring-autonomous-tech-find-safety-numbers