Ford is getting serious about its self-driving car unit, and has spun out its autonomous car division into its own company. Ford Autonomous Vehicles LLC encompasses “all aspects of its self-driving vehicle business… Ford is getting serious about its self-driving car unit, and to that end, has spun out its autonomous car division into its very own company. Ford Autonomous Vehicles LLC now encompasses “all aspects of its self-driving vehicle business operations, to accelerate its AV business and capitalize on market opportunities,” the Dearborn-based automaker noted in a release. This company will include not only Ford’s self-driving systems integration, but also its autonomous vehicle research and advanced engineering units,AV transportation-as-a-service network development, user experience, business strategy, and business development teams.
Over the next five years, Ford intends to invest $4 billion in self-driving efforts, and is looking to more closely align its self-driving platform with its mobility solutions team. In this way, the company hopes, Ford will be better prepared as a business that is capable of serving both a pre- and post-self-driving car world. […]