Ford Motor (NYSE:F) To Conduct Self Driving Tests In China


Ford Motor (NYSE:F) is a company that focuses in the manufacture of a wide range of automobiles. It sells most of its luxury vehicles under the Lincoln brand undertaking most of its business operations in Michigan. The business guru intends to conduct self-driving tests on the various roads in China.

Current state of affairs

To undertake this particular activity, the company strikes a partnership with Baidu Inc (NASDAQ:BIDU).Sources indicate that the project will go on for over a period of about two years. In the recent times, competition has taken root with most of the companies struggling to get to the top spot.

Reports indicate that a lot of the internet firms now focus on the best ways to develop autonomous vehicle technology. Carmakers acknowledge that the technology is the future of vehicle manufacturing industry.

An official working with Ford says that everything is already in place. Any time soon they will kick start their activities and they commence on designated roads in Beijing. It doesn’t all end in Beijing.

They intend to make major headways in the rest of the cities in the republic of China. The two business giants look forward to the moment as they make the final touches.

A close outlook

In a joint statement, the companies outlined that the vehicles would be in a position to operate autonomously. That is of course by the time they wind up on their testing process.

The company’s target is to get to the autonomous driving level 4 technology. They add that it won’t be in line with all set conditions. Experts have termed it the second-top-most tier. As a matter of fact that is from level 5. This happens to be the level entailing the sort of vehicles with the capacity to move on the roads without drivers.

China’s trusted search engine operator Baidu says that it wants to be at the frontline when it comes to supporting the self-driving tech in the republic. It was in July that for the first time the capital city of China approved a foreigner’s testing activities. The international car maker Daimler took on the Beijing roads for its tests.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.