Ford and Postmates Will Test Autonomous Delivery Vehicles

Ford and Postmates Will Test Autonomous Delivery Vehicles

The Ford Motor Company and on-demand delivery specialist Postmates have teamed up to "to explore the sustainable application of self-driving technologies within local economies".

In a slew of announcements made at the CES in Las Vegas this week, the vehicle maker detailed how it plans to transition into an automotive and mobility company - something it has been talking about for a while.

That comment was made in an interview between Farley + Ford's head of autonomous and electric vehicle development, Sherif Marakby, and Reuters. The goal is to make self-driving cars a regular part of Postmates' operations. Ford plans to work with partners seeking to access its fleet of self-driving vehicles to deliver services or products.

Ford unveiled a suite of announcements at the Consumer Electronics Show today that are aimed at furthering the company's ambitions to power smart cities and find new applications for autonomous vehicles. Plans call for testing of packaged and goods delivery via self-driving cars to begin later in 2018. The company is also interested in discovering how to design delivery-only vehicles.

EPS for Cypress Semiconductor Corporation (CY) Expected At $0.18
Moreover, Ghp Advsrs has 0.66% invested in The Walt Disney Company (NYSE:DIS). (NYSE:NVR). 370 are held by Macquarie Gp Limited. Deprince Race & Zollo reported 0.43% stake. 1 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell.

Volkswagen and Hyundai recently announced a partnership with Aurora, an autonomous technology start-up, to roll out self driving vehicles.

"Since this infrastructure is already being developed and built, we should take advantage of it and equip our vehicles with technology that enables them to communicate both in the here and now, as well as a decade from now".

The second-largest US automaker is also launching and testing a new transportation-as-a-service platform this year. Ford says its autonomous vehicles will start ferrying meals and groceries sometime this quarter, though there's no word yet on what city the service will debut in.

For example it could facilitate re-routing cars to avoid congestion, improve commuting times or account for construction projects, sporting events and emergencies. We also send freebies and lots of other goodies exclusively to our email subscribers.

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