Ford, VW pullout dooms self-driving tech company Argo AI

  • 📰 axios
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Ford and Volkswagen are pulling the plug on their autonomous vehicle joint venture, Argo AI, which had failed to find other investors and is shutting down its operations.

Ford is pulling the plug on robotaxi development with Argo AI. Photo courtesy of Argo

The retreat by the two giant automakers is a strong signal that the path to fully self-driving cars is too long — and too expensive.Ford said it had recorded a $2.7 billion pre-tax loss on its Argo investment, resulting in an overall net loss of $827 million for the third quarter.Some of Argo's 2,000 employees are expected to be offered jobs with the two automakers.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 302. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인