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Ford Announced The Establishment Of Autopilot Subsidiary

Aug. 01, 2018

Ford announced the establishment of the Ford LLC (Ford AV LLC), which will cover all auto - driving operations and make full use of market opportunities to accelerate the development of related business.

With the acceleration of technology integration and application across the entire industrial system, Ford has brought IT information technology and global order delivery systems teams to its global operations.

The Ford car deepens the product line as the center of change, will uphold the people-oriented design concept, product development will pay more attention to consumer insight and market opportunities, for the global market to provide consumers' favorite products.

(July 25, 2018, Shanghai, China) - Ford auto announced the establishment of the Ford LLC (Ford AV LLC) today to make full use of market opportunities to accelerate the development of its auto driving car business. Meanwhile, Ford has announced a series of organizational restructuring aimed at improving operational efficiency and driving profit growth.

Ford has integrated its existing auto driving business to the newly established Ford autopilot subsidiary, including auto driving system integration, autopilot research and prospective engineering, auto driving service network expansion, user experience, business strategy and expansion team. The new company is planned to introduce a new company with third party investment in the Ford Corktown Park in Detroit, and will hold a stake in Ford AI in Argo AI, and Argo AI is Ford's auto driving system development partner in Pittsburgh. Ford is expected to invest $4 billion by the end of 2023 for the development of its autopilot related business, including $1 billion for Argo AI.

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