NYSE: F Archives - Maritime Shipping News

Rivian stake could be key to Ford’s EV success as it looks to topple Tesla

9 December 2021

A fierce battle is raging between traditional carmakers and upstarts like Tesla to get the early lead in the electric vehicle race. Ford Motor Co. may hold the trump card though: a 12% stake in electric vehicle maker and Amazon-backed Rivian.

“We’re really excited about Rivian; it’s a great American company,” Ford CEO Jim Farley told CNBC’s Jim Cramer on the first edition of “Cramer’s Investing Club” on Thursday. “You can argue about what it’s worth versus what Ford is worth, but I really like...

https://www.freightwaves.com/news/rivian-stake-could-be-key-to-fords-ev-success-as-it-looks-to-topple-tesla

Walmart drives closer to autonomous delivery with Ford, Argo AI deal

15 September 2021

Ford and Argo AI, which are already collaborating on an autonomous vehicle pilot for rideshare with Lyft, are adding a package delivery pilot to the mix with a separate agreement with Walmart.

The three companies will begin autonomous vehicle delivery service in Miami, Austin, Texas, and Washington. The service will use Ford (NYSE: F) vehicles equipped with Argo AI’s self-driving technology.

“Our focus on the testing and development of self-driving technology that operates in urban areas where...

https://www.freightwaves.com/news/walmart-drives-closer-to-autonomous-delivery-with-ford-argo-ai-deal

Ford to run self-driving cars on Lyft network later this year

21 July 2021

Ford, Argo AI to run self-driving cars in Lyft network

Lyft will begin running autonomous vehicles within its rideshare network before the end of 2021 through a partnership with Ford and Argo AI.

The three companies announced an agreement Wednesday morning that will place self-driving ride-hailing vehicles on Miami city streets later this year and on Austin, Texas, roadways in 2022.

“This collaboration marks the first time all the pieces of the autonomous vehicle puzzle have come together this way,” Lyft (NASDAQ: LYFT) co-founder and CEO Logan Green...

https://www.freightwaves.com/news/ford-to-run-self-driving-cars-on-lyft-network-later-this-year