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joe_techi

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joe_techi

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Tuesday, 08/16/2016 11:35:44 AM

Tuesday, August 16, 2016 11:35:44 AM

Post# of 20541
Ford pushes the accelerator on autonomous vehicles
Aug 16 2016, 08:40 ET | About: Ford Motor Company (F) | By: Clark Schultz, SA News Editor

Ford (NYSE:F) CEO Mark Fields was on CNBC this morning to talk about the company's investment in Velodyne LiDAR. He sees the investment as a strategic bet in the area of sensor development.Fields tore a page out of Elon Musk's script by making the bold statement that autonomous vehicles could have as large of an impact on the car industry as the assembly line about 100 years ago.He also hinted that the company might be making another announcement later in the day in the area of autonomous vehicle development.
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