Argo AI, an autonomous vehicle startup, is shutting down as its two big backers, Ford Motor Corp. and Volkswagen AG, indicated that the company’s technology is taking too long to commercialize. Levi ...
A reminder: there are no self-driving (Level 4) cars for sale in the U.S. And Ford has decided that getting robotaxis or other fully automated vehicles on the road, in numbers that make it profitable, ...
Argo AI, an autonomous vehicle startup that burst on the scene in 2017 stacked with a $1 billion investment, is shutting down — its parts being absorbed into its two main backers: Ford and VW, ...
DETROIT (AP) — Ford said Wednesday that it is disbanding Argo AI, an autonomous vehicle company that it co-owns with Volkswagen. Executives said they don’t see a path to profitability on fully ...
The Pittsburgh-based startup, which was founded in 2016, will be absorbed into its two automotive partners. Argo had been testing its vehicles in Miami, Austin, and Washington, DC. The ...