Due to the recent adaptive quarantine measures imposed in virtually all parts of the world, air travel, public transportation, and many other sectors took a really big hit in 2020. However, the automotive world and autonomous vehicles, in particular, have shown increased resilience during this difficult time. In fact, companies like Ford have increased their investments in the development of electric and self-driving cars by allocating $29 billion dollars in the fourth quarter of last year. Specifically, $7 billion of that money will go towards the development of self-driving cars. So Ford is joining General Motors, Tesla, Baidu, and other automakers in heavily investing in autonomous vehicles.
Jul-23-2021, 21:35:08 GMT