Elements Provider to Challenge VW, Ford With $14 Billion Push Into Self-Driving Cars


Parts Supplier to Challenge VW, Ford With $14 Billion Push Into Self-Driving CarsVolkswagen AG and Ford Motor Co. are set for much more competitiveness in the race to function out self-driving cars as elements supplier ZF Friedrichshafen AG develops its own supplying in the most current signal of how know-how shifts are upending standard roles in the auto business. ZF programs to devote 12 billion euros ($14 billion) around the upcoming 5 decades on electric powered and autonomous automobile technology. The paying out of about 2.4 billion euros per year outpaces the 2.2 billion euros ZF used in in general analysis and development very last 12 months.



Components Provider to Challenge VW, Ford With $14 Billion Drive Into Self-Driving Cars and trucks