OEM-Backed Autonomous Vehicle Project Shuts Down

Nov. 1, 2022

Two setbacks in the driverless technology world raise major roadblocks for development.

Nov. 1, 2022—Argo AI, a venture backed by Ford and Volkswagen, will shut down.

The automakers are each taking billions in losses over the driverless technology project, reports Yahoo News. Doug Field, a technology executive with Ford, said in a recent earnings call that driverless technology at a functional level is going to be a very difficult problem to solve.

The story also cited a federal investigation into Tesla's Full Self-Driving technology as signs that true driverless tech is not as close as some might think.

About the Author

NOLN Staff Reporters

The NOLN staff reporters cover the quick maintenance industry every day, from top to bottom. For news inquiries, please contact [email protected].